Scott Galit - Dec 23, 2021 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Role: Chief Executive Officer, Director
Signature: /s/ Scott Galit
Stock symbol: PAYO
Transactions as of: Dec 23, 2021
Transactions value $: -$662,525
Form type: 4
Date filed: 12/28/2021, 03:26 PM
Previous filing: Sep 13, 2021
Next filing: Mar 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PAYO	Common Stock	Tax liability	-$663K	-103K	-8%	$6.46	1.18M	Dec 23, 2021	Direct	F1
holding	PAYO	Common Stock						1.56M	Dec 23, 2021	By Trust	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares of Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of Restricted Stock Units.
F2	Reflects shares of Common Stock held of record by the Galit 2021 Trust (the "Galit Trust"). Members of the Reporting Person's immediate family are holders of the Galit Trust, and the Reporting Person may be deemed to exercise voting and investment power over such shares of Common Stock. The Reporting Person disclaims ownership of these shares of Common Stock except to the extent of his pecuniary interest therein.

Content

Represents the number of shares of Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of Restricted Stock Units.

Reflects shares of Common Stock held of record by the Galit 2021 Trust (the "Galit Trust"). Members of the Reporting Person's immediate family are holders of the Galit Trust, and the Reporting Person may be deemed to exercise voting and investment power over such shares of Common Stock. The Reporting Person disclaims ownership of these shares of Common Stock except to the extent of his pecuniary interest therein.