LESAKA TECHNOLOGIES INC — Director's Dealing 2020

Mar 19, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: NET 1 UEPS TECHNOLOGIES INC (UEPS)
CIK: 0001041514
Period of Report: 2020-03-09

Reporting Person: Kourie Keith Derrick (Chief Information Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock	3000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$11.23	2024-08-27	Common stock (5333)		Direct
Employee Stock Option (Right to Buy)	$6.20	2028-09-07	Common stock (7500)		Direct
Employee Stock Option (Right to Buy)	$3.07	2029-10-14	Common stock (17500)		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: The options were awarded on August 27, 2014, and 2,667 and 2,666 options vested on August 27, 2016 and August 27, 2017, respectively.

F3: Subject to the recipient's continuous service through the applicable vesting date, one third of the options vest on each of the second and third anniversaries of the grant date, September 7, 2018. The first tranche of 2,500 options vested on September 7, 2019.

F4: Subject to the recipient's continuous service through the applicable vesting date, one third of the options vest on each of the first, second and third anniversaries of the grant date, October 14, 2019.