Scott Galit - Aug 24, 2022 Form 4/A - Amendment Insider Report for Payoneer Global Inc. (PAYO)

Signature
/s/ Kajal Shah-Sakaria , attorney-in-fact for Scott Galit
Stock symbol
PAYO
Transactions as of
Aug 24, 2022
Transactions value $
-$667,900
Form type
4/A - Amendment
Date filed
8/25/2022, 07:41 PM
Date Of Original Report
Aug 18, 2022
Previous filing
Aug 25, 2022
Next filing
Nov 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Sale -$668K -103K -6.3% $6.51 1.53M Aug 24, 2022 Direct F1
holding PAYO Common Stock 1.56M Aug 24, 2022 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is being amended solely to correct that on August 18, 2022, the Reporting Person filed a Form 4 which inadvertently reported that he sold 98,286 shares of the issuer's common stock at $6.80 per share on August 16, 2022, due to an administrative error. As noted above, the Reporting Person actually sold 102,596 shares of the issuer's common stock at $6.51 per share on August 24, 2022. The number of securities reported in Column 5 reflects the Reporting Person's direct beneficial ownership immediately following the corrected transaction as of August 24, 2022. The shares of issuer's common stock were sold solely to cover the reporting person's tax obligation arising from settlement of vested restricted stock units.
F2 Includes 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 serves as a trustee and may be deemed to exercise voting and investment power over such shares.