Key facts
- This page summarizes John Caplan's Form 4 filing for Payoneer Global Inc. (PAYO).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 06 Jul 2022, 21:20.
John Caplan - 01 Jul 2022 Form 4 Insider Report for Payoneer Global Inc. (PAYO)
- Reporting relationship
- Co-Chief Executive Officer, Director
- Issuer ticker
- PAYO
- Reported as of
- 01 Jul 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 06 Jul 2022, 21:20:25 UTC
- Prior SEC filing
- 02 Jun 2022
- Next SEC filing
- 26 May 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ John Caplan
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
John Caplan filed Form 4 for Payoneer Global Inc. (PAYO) on 06 Jul 2022.
Change
- Previous filing in this sequence was filed on 02 Jun 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PAYO
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +2,000,000
- Change %
- Price
- $0.000000
- Shares after
- 2,000,000
- Date
- 01 Jul 2022
- Ownership
- Direct
- Footnotes
- F1
PAYO
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +2,500,000
- Change %
- +125%
- Price
- $0.000000
- Shares after
- 4,500,000
- Date
- 01 Jul 2022
- Ownership
- Direct
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PAYO
transaction
Derivative
Stock Option (Right to Buy)
Award
- Transaction value
- Shares
- +500,000
- Change %
- Price
- Shares after
- 500,000
- Date
- 01 Jul 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 500,000
- Exercise price
- $3.98
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Represents shares of Common Stock underlying restricted stock units subject to time-based vesting, granted to the Reporting Person on July 1, 2022 in connection with the Reporting Person's appointment as Co-Chief Executive Officer of the Issuer, under the Issuer's Omnibus Equity Incentive Plan. One-fourth of these restricted stock units will vest on May 25, 2023, and the remainder will vest ratably in approximately 1/16 installments of the total number of time-based restricted stock units on a quarterly basis thereafter, provided that the Reporting Person remains in continuous service on each applicable vesting date.
Footnote F2
Represents the maximum amount of shares of Common Stock underlying restricted stock units that will vest upon the achievement of both a time-based vesting condition and a stock price based performance condition and that were granted to the Reporting Person on July 1, 2022 under the Issuer's Omnibus Equity Incentive Plan in connection with the Reporting Person's appointment as Co-Chief Executive Officer of the Issuer. One-fourth of the Reporting Person's restricted stock units will satisfy the time-based vesting condition on May 25, 2023 and the remainder will satisfy the time-based vesting condition in 1/16 installments of the total number of restricted stock units on a quarterly basis thereafter, provided that the Reporting Person remains in continuous service on each applicable time-vesting date.
Footnote F3
The stock price based performance condition will be determined to have been achieved with respect to 500,000 restricted stock units (up to a maximum of 2,500,000 restricted stock units) upon the achievement of each of the following target stock prices: $9.00, $11.00, $13.00, $15.00, and $20.00, with the target stock prices only deemed to have been achieved if the closing price of the Issuer's stock is at or above the applicable target stock price for a minimum of 20 out of 30 consecutive trading days within ten years of the date of grant, subject to the Reporting Person remaining in continuous service through the achievement of each of the applicable target stock prices.
Footnote F4
Represents stock options granted to the Reporting Person on July 1, 2022 in connection with the Reporting Person's appointment as Co-Chief Executive Officer of the Issuer, under the Issuer's Omnibus Equity Incentive Plan. One-fourth of these stock options will vest on May 25, 2023, and the remainder will vest ratably in approximately 1/16 installments of the total number of stock options on a quarterly basis thereafter, provided that the Reporting Person remains in continuous service on each applicable vesting date.