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Paysign, Inc. Director's Dealing 2018

Dec 7, 2018

33258_dirs_2018-12-07_c2b48bd2-8dde-4a91-bfc7-087a71ff1428.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: 2018-12-05

Reporting Person: Spence Daniel (Director, Chief Technology Officer, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-12-05 Common Stock A 800000 Acquired 8310000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-12-05 Stock Grant $ C 800000 Disposed Common Stock (800000) Direct

Footnotes

F1: N/A

F2: N/A

F3: 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 Mr. Spence still employed by the company at that time. As of December 5th, 2018, eight hundred thousand shares have vested and have been issued. One million, two hundred thousand shares have not vested and have not been issued.