LESAKA TECHNOLOGIES INC — Director's Dealing 2017

Aug 25, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NET 1 UEPS TECHNOLOGIES INC (UEPS)
CIK: 0001041514
Period of Report: 2017-08-23

Reporting Person: Soma Nitin (Vice President, Info Tech)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-23	Common Stock	A	15000	—	Acquired	51328	Direct
2017-08-23	Common Stock	A	30000	—	Acquired	81328	Direct

Footnotes

F1: Represents a grant of restricted stock which will vest on August 23, 2020, provided the recipient is an employee on such date.

F2: Represents a grant of restricted stock approved by the remuneration committee of the Issuer's board of directors pursuant to the Amended and Restated 2015 Stock Incentive Plan. Vesting is subject to the satisfaction of the following conditions: (1) the price of the Company's common stock is equal to or exceeds certain stock price levels during a specific measurement period and (2) the recipient is employed by the Company on a full-time basis when the condition in (1) is met. If both of these conditions are not satisfied, then none of the shares of restricted stock will vest and they will be forfeited.