Scott Galit - Mar 1, 2022 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Role: Chief Executive Officer, Director
Signature: /s/ Scott Galit
Stock symbol: PAYO
Transactions as of: Mar 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/2/2022, 07:12 PM
Previous filing: Dec 28, 2021
Next filing: Aug 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PAYO	Common Stock	Award	$0	+460K	+38.36%	$0.00	1.66M	Mar 1, 2022	Direct	F1
holding	PAYO	Common Stock						1.56M	Mar 1, 2022	By Trust	F2

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

Explanation of Responses:

Id	Content
F1	Represents shares of Common Stock underlying restricted stock units subject to time-based vesting, granted to the Reporting Person on March 1, 2022 in connection with the Issuer's ordinary course annual incentive equity granting cycle. One-fourth of these restricted stock units will vest on the first anniversary of the grant date, and the remainder will vest ratably in approximately 1/16 installments on a quarterly basis thereafter, provided that the Reporting Person remains in continuous service on each applicable vesting date.
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 shares of Common Stock underlying restricted stock units subject to time-based vesting, granted to the Reporting Person on March 1, 2022 in connection with the Issuer's ordinary course annual incentive equity granting cycle. One-fourth of these restricted stock units will vest on the first anniversary of the grant date, and the remainder will vest ratably in approximately 1/16 installments on a quarterly basis thereafter, provided that the Reporting Person remains in continuous service on each applicable vesting date.

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.