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Paysign, Inc. — Director's Dealing 2015
Jun 26, 2015
33258_dirs_2015-06-26_3a18f16d-5a7c-43ac-82b0-f8ac903e4762.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: 3PEA INTERNATIONAL, INC. (TPNL)
CIK: 0001496443
Period of Report: 2015-06-26
Reporting Person: Weiler David (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-06-26 | Common Stock | J | 147050 | — | Disposed | 0 | Indirect |
| 2015-06-26 | Common Stock | J | 147050 | — | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-08-13 | Stock Grant | $ | A | 500000 | Acquired | Common Stock (500000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3248800 | Direct |
| Common Stock | 147050 | Indirect |
Footnotes
F1: Reporting person's child's stock reported as indirect holdings is no longer considered as beneficially owned as children are now independent and no longer part of household.
F2: On August 13, 2013, the company granted David Weiler five hundred thousand shares of common stock with a value of $68,000. The stock grant vested in equal amounts over a five year period on the last day of each calendar quarter if David Weiler still served as a director 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. The shares have not been issued at this time.
F3: Not applicable.