Itai Perry - Oct 15, 2024 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Signature
/s/ Ben Ozeri, attorney-in-fact for Itai Perry
Stock symbol
PAYO
Transactions as of
Oct 15, 2024
Transactions value $
-$20,910
Form type
4
Date filed
10/16/2024, 07:30 PM
Previous filing
Oct 10, 2024
Next filing
Nov 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Options Exercise $11.9K +4.1K +1.79% $2.90 233K Oct 15, 2024 Direct F1
transaction PAYO Common Stock Sale -$32.8K -4.1K -1.76% $8.00 229K Oct 15, 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 -4.1K -17.82% $0.00 18.9K Oct 15, 2024 Common Stock 4.1K $2.90 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 August 23, 2023.
F2 This option is fully vested and exercisable.