Paysign, Inc. — Director's Dealing 2023

Aug 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Paysign, Inc. (PAYS)
CIK: 0001496443
Period of Report: 2023-07-31

Reporting Person: Newcomer Mark (Director, CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-31	Common Stock	M	150000	$0.00	Acquired	9531202	Direct
2023-08-01	Common Stock	S	20303	$1.8836	Disposed	9510899	Direct
2023-08-02	Common Stock	S	17793	$1.8151	Disposed	9493106	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-31	Stock Grant	$	M	150000	Disposed	2027-07-31	Common stock (150000)	Direct

Footnotes

F1: One-fifth of the restricted stock shall vest annually on each anniversary of the July 31, 2022 vesting commencement date until fully vested on July 31, 2027.

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 $1.85 to $1.97, 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 $1.79 to $1.87, 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.