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Paysign, Inc. — Director's Dealing 2016
Nov 15, 2016
33258_dirs_2016-11-15_d46948b8-d449-48a4-8034-fc57c5ea0c5f.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: 2016-11-11
Reporting Person: Spence Daniel (Director, CIO, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-11 | Stock Grant | $ | A | 2000000 | Acquired | Common Stock (2000000) | Direct |
Footnotes
F1: Not applicable.
F2: On November 11, 2016 the Company granted Daniel Spence two million shares of common stock with a value of $315,180. The stock grant vests in equal amounts over a five year period on the last day of each calendar quarter if Daniel Spence is still employed at that time. The shares have not been issued at this time.
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