Paysign, Inc. — Director's Dealing 2017

Oct 16, 2017

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: 3PEA INTERNATIONAL, INC. (TPNL)
CIK: 0001496443
Period of Report: 2017-10-09

Reporting Person: Herman Joan M (Chief Operating Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	200000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Grant	$		Common Stock (800000)		Direct

Footnotes

F1: Not applicable

F2: Upon employment, the Company granted Ms. Herman 200,000 shares of restricted common stock with a value of $84,400.00. These shares have been issued and are restricted. At the same time, the Company also granted but has not issued Ms. Herman four equal tranches of two hundred thousand restricted shares each, which vest quarterly in equal amounts over a four year period on the last day of each quarter, commencing December 31, 2017, if Joan M. Herman is still employed at that time.