FISERV INC — Director's Dealing 2011

Aug 15, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FISERV INC (FISV)
CIK: 0000798354
Period of Report: 2011-08-11

Reporting Person: Gianoni Michael P (EVP, Group President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-11	Common Stock	S	427	$55.60	Disposed	7878	Direct
2011-08-12	Common Stock	M	4836	$32.74	Acquired	12714	Direct
2011-08-12	Common Stock	S	4836	$55.136	Disposed	7878	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-12	Stock Option (right to buy)	$32.740	M	4836	Disposed	2019-02-26	Common Stock (4836)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $55.59 to $55.60. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: Includes 45 shares acquired under the Fiserv, Inc. Employee Stock Purchase Plan.

F3: This transaction was executed in multiple trades at prices ranging from $55.13 to $55.17. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F4: This option vests in three equal installments beginning February 26, 2010 and is due to expire February 26, 2019.