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Paysign, Inc. — Director's Dealing 2021
Oct 4, 2021
33258_dirs_2021-10-04_cf9b38a5-ebc8-4c51-8c99-814f3e9d0810.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Paysign, Inc. (PAYS)
CIK: 0001496443
Period of Report: 2021-09-30
Reporting Person: Newcomer Mark (Director, CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-30 | Common Stock | M | 100000 | $2.70 | Acquired | 9422492 | Direct |
| 2021-10-01 | Common Stock | S | 38828 | $2.576 | Disposed | 9383664 | Direct |
| 2021-10-04 | Common Stock | S | 2462 | $2532 | Disposed | 9381202 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-30 | Stock Grant | $ | M | 100000 | Disposed | Common Stock (100000) | Direct |
Footnotes
F1: On November 11, 2016, the reporting person received a grant of 2,000,000 shares of common stock vesting in equal amounts over a 5 year period on the last day of each quarter if employed by the company at that time. As of the date of this filing, 2,000,000 shares of common stock have vested and been issued.
F2: These shares of common stock were sold to satisfy certain tax withholding obligations associated with the vesting of restricted stock.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.48 to $2.62, inclusive. The reporting person undertakes to provide to Paysign, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.51 to $2.57, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.