Itai Perry - 12 Aug 2024 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Signature
/s/ Kajal Shah-Sakaria, attorney-in-fact for Itai Perry
Issuer symbol
PAYO
Transactions as of
12 Aug 2024
Net transactions value
-$28,700
Form type
4
Filing time
14 Aug 2024, 16:20:40 UTC
Previous filing
23 May 2024
Next filing
19 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Options Exercise $20,300 +7,000 +3% $2.90 239,202 12 Aug 2024 Direct F1
transaction PAYO Common Stock Sale $49,000 -7,000 -2.9% $7.00 232,202 12 Aug 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 -7,000 -21% $0.000000 26,913 12 Aug 2024 Common Stock 7,000 $2.90 Direct 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 August 23, 2023.
F2 This option is fully vested and exercisable.