LESAKA TECHNOLOGIES INC — Director's Dealing 2014

Sep 12, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NET 1 UEPS TECHNOLOGIES INC (UEPS)
CIK: 0001041514
Period of Report: 2014-09-09

Reporting Person: Belamant Serge (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-09	Common Stock	M	74666	$7.98	Acquired	661349	Direct
2014-09-09	Common Stock	F	42774	$13.93	Disposed	618575	Direct
2014-09-09	Common Stock	M	68000	$8.75	Acquired	686575	Direct
2014-09-09	Common Stock	F	42714	$13.93	Disposed	643861	Direct
2014-09-09	Common Stock	M	40476	$7.35	Acquired	684337	Direct
2014-09-09	Common Stock	F	21357	$13.93	Disposed	662980	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-09-09	Employee Stock Option (right to buy)	$7.98	M	74666	Disposed	2021-10-28	Common Stock (74666)	Direct
2014-09-09	Employee Stock Option (right to buy)	$8.75	M	68000	Disposed	2022-08-22	Common Stock (68000)	Direct
2014-09-09	Employee Stock Option (right to buy)	$7.35	M	40476	Disposed	2023-08-21	Common Stock (40476)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	725799	Indirect

Footnotes

F1: The reporting person exercised options for an aggregate of 183,142 shares and paid the exercise price through delivery to the issuer of an aggregate of 106,845 shares, resulting in a net acquisition upon exercise of 76,297 shares.

F2: Dr. Belamant owns 725,799 shares of common stock held by the CI Law Trustees Limited for the San Roque Trust dated 8/18/92. Dr. Belamant, as proxy of CI Law Trustees, has the power to vote all of the CI Law Trustees' shares.

F3: The options are exercisable in three equal installments commencing on October 28, 2012.

F4: The options are exercisable in three equal installments commencing on August 22, 2013.

F5: The options are exercisable in three equal installments commencing on August 21, 2014.