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SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940 		 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
GUPTA RAHUL
(Last) (First) (Middle)
255 FISERV DRIVE
(Street)
BROOKFIELD WI 53045
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FISERV INC [ FISV ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Group President
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2016
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/27/2016 M 14,444 A $23.85 95,798(1) D
Common Stock 05/27/2016 F 8,819(2) D $104.97 86,979 D
Common Stock 05/27/2016 M 15,364 A $30.86 102,343 D
Common Stock 05/27/2016 F 9,897(2) D $104.98 92,446 D
Common Stock 05/27/2016 M 25,528 A $32.64 117,974 D
Common Stock 05/27/2016 F 16,662(2) D $104.99 101,312 D
Common Stock 05/27/2016 M 27,860 A $40.35 129,172 D
Common Stock 05/27/2016 F 19,215(2) D $104.99 109,957 D
Common Stock 05/27/2016 S 28,603 D $105.01(3) 81,354 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $23.85 05/27/2016 M 14,444 02/24/2011(4) 02/24/2020 Common Stock 14,444 $0.00 0 D
Stock Option (right to buy) $30.86 05/27/2016 M 15,364 02/23/2012(5) 02/23/2021 Common Stock 15,364 $0.00 0 D
Stock Option (right to buy) $32.64 05/27/2016 M 25,528 02/22/2013(6) 02/22/2022 Common Stock 25,528 $0.00 0 D
Stock Option (right to buy) $40.35 05/27/2016 M 27,860 02/20/2014(7) 02/20/2023 Common Stock 27,860 $0.00 0 D
Explanation of Responses:
1. Includes 243 shares acquired under the Fiserv, Inc. Employee Stock Purchase Plan.
2. Reflects payment of exercise price and tax liability by withholding securities incident to exercise of stock options.
3. This transaction was executed in multiple trades at prices ranging from $104.95 to $105.01. 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.
4. The option vested in three equal installments on February 24, 2011, 2012 and 2013.
5. The option vested in three equal installments on February 23, 2012, 2013 and 2014.
6. The option vested in three equal installments on February 22, 2013, 2014 and 2015.
7. The option vested in three equal installments on February 20, 2014, 2015 and 2016.
Remarks:
/s/ Lynn S. McCreary (attorney-in-fact) 06/01/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


POWER OF ATTORNEY

	Know all by these presents, that the undersigned hereby constitutes and
appoints each of Jeffery W. Yabuki, Robert W. Hau and Lynn S. McCreary, signing
singly, the undersigned's true and lawful attorney-in-fact with respect to the
undersigned's holdings of and transactions in securities issued by Fiserv, Inc.
to:

(1)	execute for and on behalf of the undersigned Forms 3, 4 and 5 in accordance
with Section 16(a) of the Securities Exchange Act of 1934 and the rules
thereunder;

(2)	do and perform any and all acts for and on behalf of the undersigned which
may be necessary or desirable to complete the execution of any such Form 3, 4 or
5 and the timely filing of such form with the United States Securities and
Exchange Commission and any other authority; and

(3)	take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in the
undersigned's discretion.

The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform all and every act and exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as such
attorney-in-fact might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or his or her substitute or substitutes, shall lawfully do or
cause to be done by virtue of this power of attorney and the rights and powers
herein granted.  The undersigned acknowledges that the foregoing
attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming any of the undersigned's responsibilities to
comply with Section 16 of the Securities Exchange Act of 1934.

The undersigned hereby revokes any power of attorney granted by the undersigned
prior to the date hereof with respect to the undersigned's holdings of and
transactions in securities issued by Fiserv, Inc.  This Power of Attorney shall
remain in full force and effect until the undersigned is no longer required to
file Forms 3, 4 or 5 with respect to the undersigned's holdings of and
transactions in securities issued by Fiserv, Inc., unless earlier revoked by the
undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed this 30th day of March, 2016.


/s/ Rahul Gupta
Rahul Gupta