| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RPAY | Class A Common Stock | Sale | -$472K | -47.2K | -7.43% | $10.00 | 588K | Mar 8, 2024 | Direct | F1, F2 |
| transaction | RPAY | Class A Common Stock | Tax liability | -$27.1K | -2.71K | -0.46% | $9.98 | 585K | Mar 11, 2024 | Direct | F3 |
| holding | RPAY | Class A Common Stock | 52K | Mar 8, 2024 | See footnote | F4 |
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 | The transaction was pursuant to a Rule 10b5-1 plan adopted on August 28, 2023. |
| F2 | The sales price indicated is a weighted average sales price. The corresponding shares were sold in multiple transactions at prices ranging from $10.00 to $10.01 inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth. |
| F3 | Reflects shares of Class A common stock of the Issuer withheld to cover the Reporting Person's tax liability in connection with the vesting of shares of time-based restricted stock previously reported by the Reporting Person. |
| F4 | These securities are held directly by a charitable remainder trust, of which Reporting Person is the trustee and Reporting Person's spouse is an indirect beneficiary. |
The Reporting Person disclaims beneficial ownership of any securities reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.