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Priority Technology Holdings, Inc. — Director's Dealing 2020
Dec 4, 2020
32741_dirs_2020-12-04_8d18d1b7-2221-4f97-987f-92d464dac1d7.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: 2020-12-03
Reporting Person: VOLLKOMMER MICHAEL T (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-12-03 | Common Stock | M | 107142 | — | Acquired | 160713 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-12-03 | Restricted Stock Unit | $ | M | 107142 | Disposed | Common Stock (107142.0) | Direct | |
| 2020-12-03 | Restricted Stock Unit | $ | A | 140713 | Acquired | Common Stock (140713.0) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2: On December 20, 2018, the Reporting Person was granted 107,143 restricted stock units which vest 50% on December 3, 2019 and 50% on December 3, 2020 subject to the Reporting Person's continued employment with the Issuer. Under this grant agreement, the Reporting Person is eligible to receive additional restricted stock units on December 3 of each of the years 2019, 2020, 2021 and 2022, subject to the Issuer's approval and the Reporting Person's continued employment with the Issuer.
F3: On February 19, 2020, an additional 107,142 restricted stock units were approved by the Issuer under the December 20, 2018 grant agreement for the Reporting Person which vest 50% on December 3, 2020 and 50% on December 3, 2021 subject to the Reporting Person's continued employment with the Issuer.
F4: On December 3, 2020, an additional 140,713 restricted stock units were approved by the Issuer under the December 20, 2018 grant agreement for the Reporting Person which vest 50% on December 3, 2021 and 50% on December 3, 2022 subject to the Reporting Person's continued employment with the Issuer.