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Priority Technology Holdings, Inc. — Director's Dealing 2019
Feb 20, 2019
32741_dirs_2019-02-19_18ec2c12-de25-4e87-8111-a79ea06f7233.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Priority Technology Holdings, Inc. (PRTH)
CIK: 0001653558
Period of Report: 2019-02-15
Reporting Person: Priore Thomas Charles (Director, President, CEO & Chairman, 10% Owner)
Reporting Person: Priority Incentive Equity Holdings, LLC (Director, Executive Chairman, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-15 | Common Stock | A | 61264 | — | Acquired | 46113250 | Direct |
| 2019-02-15 | Common Stock | A | 3917 | — | Acquired | 3046611 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-15 | Warrants | $11.5 | D | 319087 | Disposed | 2023-07-25 | Common Stock (319087) | Direct |
| 2019-02-15 | Warrants | $11.5 | D | 20403 | Disposed | 2023-07-25 | Common Stock (20403) | Indirect |
Footnotes
F1: The Reporting Person disposed of warrants to purchase 319,087 shares of common stock in exchange for 61,264 shares of common stock in an issuer exchange offer.
F2: The Reporting Person disposed of warrants to purchase 20,403 shares of common stock in exchange for 3,917 shares of common stock in an issuer exchange offer.
F3: These securities are directly held by Priority Incentive Equity Holdings, LLC. Thomas Priore is the managing member of Priority Investment Holdings LLC, which is the non-member manager of Priority Incentive Equity Holdings, LLC. Thomas Priore disclaims beneficial ownership of the securities held by Priority Incentive Equity Holdings, LLC except to the extent of his pecuniary interest therein, if any.