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Priority Technology Holdings, Inc. Director's Dealing 2020

Sep 11, 2020

32741_dirs_2020-09-11_325d5cc7-045b-45e1-b7da-b13a050dbe36.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: 2020-09-09

Reporting Person: Passilla Michael (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-09-09 Common Stock P 30491 $2.6236 Acquired 68150 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 26596 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Unit $ Common Stock (26596.0) 26596 Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $2.59 to $2.65, inclusive. The Reporting Person undertakes to provide to Priority Technology Holdings, Inc., any security holder of Priority Technology Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

F2: Shares acquired by Posillipo Ventures, Inc., a limited liability company of which the Reporting Person is managing member.

F3: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock (PRTH).

F4: On April 1, 2020, the Reporting Person was granted 53,192 restricted stock units which vest 25% on April 1, 2020, 25% on July 1, 2020, 25% on October 1, 2020, and 25% on January 1, 2021 subject to the Reporting Person's continued service as a director of the Issuer.