| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PAYO | Common Stock | Tax liability | -$92.7K | -17.1K | -0.54% | $5.41 | 3.17M | Feb 20, 2024 | Direct | F1 |
| transaction | PAYO | Common Stock | Sale | -$89.9K | -16.7K | -0.53% | $5.39 | 3.16M | Feb 20, 2024 | Direct | F2, F3 |
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).
| Id | Content |
|---|---|
| F1 | 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. |
| F2 | The transaction reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2023. |
| F3 | The reported sale price reflects the weighted average sale price for multiple transactions, ranging from $5.3600 to $5.4100. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. |