Itai Perry - May 17, 2023 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Role
Chief Accounting Officer
Signature
/s/ Kajal Shah-Sakaria, attorney-in-fact for Itai Perry
Stock symbol
PAYO
Transactions as of
May 17, 2023
Transactions value $
-$19,096
Form type
4
Date filed
5/18/2023, 08:58 PM
Previous filing
Feb 28, 2023
Next filing
May 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Sale -$19.1K -4.27K -2.45% $4.47 170K May 17, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 Reflects shares of Common Stock acquired on May 17, 2023 pursuant to the Issuer's Employee Stock Purchase Plan ("ESPP") for the purchase period of November 16, 2022 to May 15, 2023.