Itai Perry - 13 Feb 2024 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Role
Chief Accounting Officer
Signature
/s/ Kajal Shah-Sakaria, attorney-in-fact for Itai Perry
Issuer symbol
PAYO
Transactions as of
13 Feb 2024
Net transactions value
-$60,821
Form type
4
Filing time
15 Feb 2024, 17:42:43 UTC
Previous filing
29 Nov 2023
Next filing
28 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Award $0 +94,000 +62% $0.000000 245,012 13 Feb 2024 Direct F1
transaction PAYO Common Stock Tax liability $60,821 -11,284 -4.6% $5.39 233,728 14 Feb 2024 Direct 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 February 13, 2024 in connection with the Issuer's 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 Shares withheld solely to cover the reporting person's tax obligation arising from the settlement of vested restricted stock units and does not represent an open market sale.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney