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Paysign, Inc. — Director's Dealing 2024
Jul 2, 2024
33258_dirs_2024-07-02_5295fa91-14a0-494f-92e1-bd2b3bef7704.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: 2024-06-30
Reporting Person: Lanford Matthew Louis (Director, Chief Payments Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-30 | Common Stock | M | 20000 | $0.00 | Acquired | 108469 | Direct |
| 2024-07-01 | Common Stock | S | 8038 | $4.03 | Disposed | 100431 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-30 | Stock Grant | $ | M | 20000 | Disposed | 2024-06-30 | Common Stock (20000) | Direct |
Footnotes
F1: On May 31, 2019, the reporting person received a grant of 100,000 shares of common stock vesting annually in equal amounts over a five-year period commencing on June 30, 2020. As of the date of this filing, 100,000 shares of common stock have vested.
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 $3.95 to $4.06, 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.