Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Pung Michael J
  2. Issuer Name and Ticker or Trading Symbol
FAIR ISAAC CORP [FICO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
EVP & CFO
(Last)
(First)
(Middle)
181 METRO DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
12/08/2015
(Street)

SAN JOSE, CA 95110
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 12/08/2015   M   5,784 A $ 0 68,129 I Michael and Debora Pung 2014 Living Trust
Common Stock 12/08/2015   M   2,666 A $ 0 70,795 I Michael and Debora Pung 2014 Living Trust
Common Stock 12/08/2015   F   3,174 (1) D $ 91.91 67,621 I Michael and Debora Pung 2014 Living Trust
Common Stock               3.6937 (2) D  

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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 Underlying Securities
(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 of Derivative Security: 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
Market Share Units (3) 12/08/2015   A   5,816 (4)   12/13/2015   (5) Common Stock 5,816 $ 0 5,816 D  
Market Share Units (3) 12/08/2015   A   5,784 (6)   12/08/2015   (5) Common Stock 5,784 $ 0 5,784 D  
Market Share Units (3) 12/08/2015   M     5,784 12/08/2015   (5) Common Stock 5,784 $ 0 0 D  
Performance Share Units (7) 12/08/2015   M     2,666 12/08/2015(8)   (5) Common Stock 2,666 $ 0 5,331 D  
Restricted Share Units (9) 12/08/2015   A   6,576   12/08/2016(10)   (5) Common Stock 6,576 $ 0 6,576 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Pung Michael J
181 METRO DRIVE
SAN JOSE, CA 95110
      EVP & CFO  

Signatures

 /s/Nancy E. Fraser, Attorney-in-fact   12/09/2015
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Shares withheld by Company for payment of taxes due at vesting from earned market share units and earned performance share units.
(2) Common stock holdings include ESPP reinvested dividends.
(3) Each earned market share unit represents a right to receive one share of Fair Isaac common stock contingent upon continued employment.
(4) As previously reported in a prior Form 4 footnote, on December 13, 2013, the reporting person was granted a target award of 8,723 market share units. The award vests in three equal annual installments from the grant date based on the Company's satisfaction of certain performance criteria for each of the performance periods ending November 30, 2014, 2015 and 2016. The performance criteria for 2014 were met and reported, resulting in an award of 2,675 market share units which vested on December 13, 2014. The performance criteria for 2015 were met, resulting in the award of 5,816 market share units which will vest on December 13, 2015.
(5) No expiration date.
(6) On December 8, 2014, the reporting person was granted a target award of 8,676 market share units. The award is scheduled to vest in three equal annual installments from the grant date based on the Company's satisfaction of certain performance criteria for each of the performance periods ending November 30, 2015, 2016 and 2017. The performance criteria for 2015 were met, resulting in the award of 5,784 market share units which vest immediately.
(7) Each earned performance share unit represents a right to receive one share of Fair Isaac common stock contingent upon continued employment
(8) The performance share units vest in three equal annual installments commencing on this date and one share will be delivered to the reporting person for each vested unit as soon as practicable thereafter.
(9) Each restricted stock unit represents a right to receive one share of Fair Isaac common stock contingent upon continued employment.
(10) The restricted stock units vest in four equal annual installments commencing on this date and vested shares will be delivered to the reporting person as soon as practicable thereafter.

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