Scott H. Galit - 15 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
15 Jul 2024
Net transactions value
-$1,716,675
Form type
4
Filing time
17 Jul 2024, 17:41:42 UTC
Previous filing
15 Jul 2024
Next filing
08 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Options Exercise $196,596 +65,098 +3.1% $3.02 2,187,519 15 Jul 2024 Direct F1
transaction PAYO Common Stock Options Exercise $621,032 +221,797 +10% $2.80 2,409,316 15 Jul 2024 Direct F1
transaction PAYO Common Stock Options Exercise $911,740 +314,393 +13% $2.90 2,723,709 15 Jul 2024 Direct F1
transaction PAYO Common Stock Options Exercise $202,757 +73,999 +2.7% $2.74 2,797,708 15 Jul 2024 Direct F1
transaction PAYO Common Stock Sale $3,619,336 -675,287 -24% $5.36 2,122,421 15 Jul 2024 Direct F1
transaction PAYO Common Stock Options Exercise $29,047 +10,601 +0.5% $2.74 2,133,022 16 Jul 2024 Direct F1
transaction PAYO Common Stock Sale $58,510 -10,601 -0.5% $5.52 2,122,421 16 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 -65,098 -25% $0.000000 195,294 15 Jul 2024 Common Stock 65,098 $3.02 Direct F1, F2
transaction PAYO Stock Options (Right to buy) Options Exercise $0 -221,797 -25% $0.000000 665,390 15 Jul 2024 Common Stock 221,797 $2.80 Direct F1, F2
transaction PAYO Stock Options (Right to buy) Options Exercise $0 -314,393 -25% $0.000000 943,179 15 Jul 2024 Common Stock 314,393 $2.90 Direct F1, F2
transaction PAYO Stock Options (Right to buy) Options Exercise $0 -73,999 -22% $0.000000 264,401 15 Jul 2024 Common Stock 73,999 $2.74 Direct F1, F2
transaction PAYO Stock Options (Right to buy) Options Exercise $0 -10,601 -4% $0.000000 253,800 16 Jul 2024 Common Stock 10,601 $2.74 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.