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LESAKA TECHNOLOGIES INC — Director's Dealing 2022
Nov 28, 2022
33213_dirs_2022-11-28_bcbf7b71-e67f-4f6f-a456-b7033f1f810a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LESAKA TECHNOLOGIES INC (LSAK)
CIK: 0001041514
Period of Report: 2022-11-28
Reporting Person: Mali Lincoln Camagu (Director, CEO: Southern Africa)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-11-23 | Common Stock | S | 80000 | $4.08 | Disposed | 250286 | Direct |
Footnotes
F1: The Reporting Person sold 80,000 shares of Issuer's common stock in order to repay outstanding principal and interest related to borrowings obtained in 2021 to acquire shares of Issuer's common stock and to recoup income taxes incurred upon vesting of shares of Issuer's restricted stock awarded to the Reporting Person, which were previously withheld and paid to the relevant tax authority by the Reporting Person's South African employer on the Reporting Person's behalf.
F2: The underlying transactions are denominated in South African rand ("ZAR") and were executed on the JSE Limited. The amount reported in United States dollars is based on the transaction price of ZAR 70.00 per share and the exchange rate of $1:ZAR 17.1385 in effect on the date of the transaction.