Scott H. Galit - 01 Jul 2024 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Role
Director
Signature
/s/ Kajal Shah-Sakaria, attorney-in-fact for Scott Galit
Issuer symbol
PAYO
Transactions as of
01 Jul 2024
Net transactions value
-$3,281,802
Form type
4
Filing time
03 Jul 2024, 15:32:22 UTC
Previous filing
04 Jun 2024
Next filing
08 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Options Exercise $73,553 +52,165 +2.2% $1.41* 2,474,586 01 Jul 2024 Direct F1
transaction PAYO Common Stock Sale $283,167 -52,165 -2.1% $5.43 2,422,421 01 Jul 2024 Direct F1
transaction PAYO Common Stock Sale $1,628,490 -300,000 -12% $5.43 2,122,421 01 Jul 2024 Direct F1
transaction PAYO Common Stock Options Exercise $504,451 +357,767 +17% $1.41* 2,480,188 02 Jul 2024 Direct F1
transaction PAYO Common Stock Sale $1,948,149 -357,767 -14% $5.45 2,122,421 02 Jul 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PAYO Stock Options (Right to buy) Options Exercise $0 -52,165 -2.2% $0.000000 2,309,884 01 Jul 2024 Common Stock 52,165 $1.41 Direct F1, F2
transaction PAYO Stock Options (Right to buy) Options Exercise $0 -357,767 -15% $0.000000 1,952,117 02 Jul 2024 Common Stock 357,767 $1.41 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 on March 11, 2024.
F2 This option is fully vested and exercisable.