LESAKA TECHNOLOGIES INC — Director's Dealing 2021

Jul 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NET 1 UEPS TECHNOLOGIES INC (UEPS)
CIK: 0001041514
Period of Report: 2021-07-01

Reporting Person: Meyer Christopher G.B. (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-01	Common Stock	A	117304	—	Acquired	117304	Direct
2021-07-02	Common Stock	A	58652	—	Acquired	175956	Direct
2021-07-02	Common Stock	A	58652	—	Acquired	234608	Direct

Footnotes

F1: Represents a grant of restricted stock approved by the remuneration committee of the Issuers board of directors pursuant to the Amended and Restated 2015 Stock Incentive Plan. Vesting is subject to the recipients continuous service through the applicable vesting date on June 30, 2024.

F2: Represents a grant of restricted stock approved by the remuneration committee of the Issuers board of directors in accordance with Mr. Meyers June 30, 2021, employment agreement and 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 Companys common stock is equal to or exceeds certain stock price levels during specific measurement period from June 30, 2021, to June 30, 2024, 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.

F3: Represents a grant of restricted stock approved by the remuneration committee of the Issuers board of directors in accordance with Mr. Meyers June 30, 2021, employment agreement and pursuant to the Amended and Restated 2015 Stock Incentive Plan. Vesting is subject to the satisfaction of the following conditions: (1) achieving the Companys three year financial services plan during the specific measurement period from June 30, 2021, to June 30, 2024, 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.