Paysign, Inc. — Director's Dealing 2015

Jun 30, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 3PEA INTERNATIONAL, INC. (TPNL)
CIK: 0001496443
Period of Report: 2015-06-29

Reporting Person: Spence Daniel (Director, CIO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-29	Common Stock	A	1000000	—	Acquired	7510000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-06-29	Stock Grant	$	C	1000000	Disposed		Common stock (1000000)	Direct

Footnotes

F1: Not applicable

F2: Not applicable

F3: On August 13, 2012, the company granted Daniel Spence one million shares of common stock with a value of $136,000. The stock grant vested in equal amounts over a five year period on the last day of each calendar quarter if Mr. Spence is still employed by the company at that time. On December 31, 2014, the board of directors waived all vesting requirements relating to the shares, and all unvested shares became fully vested as of December 31, 2014.