Jacob Hamilton Moore - Sep 4, 2024 Form 4 Insider Report for Repay Holdings Corp (RPAY)

Role
Executive Vice President
Signature
/s/Tyler B. Dempsey, as Attorney-in-Fact
Stock symbol
RPAY
Transactions as of
Sep 4, 2024
Transactions value $
-$2,572,352
Form type
4
Date filed
9/6/2024, 05:00 PM
Previous filing
Mar 21, 2024
Next filing
Sep 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPAY Class A Common Stock Options Exercise +106K +30.75% 451K Sep 4, 2024 Direct F1
transaction RPAY Class A Common Stock Sale -$1.75M -211K -46.73% $8.31 240K Sep 4, 2024 Direct F2
transaction RPAY Class A Common Stock Sale -$822K -100K -41.64% $8.22 140K Sep 5, 2024 Direct F3

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 RPAY Post-Merger Repay Units Options Exercise -106K -100% 0 Sep 4, 2024 Class A Common Stock 106K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an exchange of Post-Merger Repay Units (as defined below) on a one-for-one basis for shares of Class A common stock of Repay Holdings Corporation (the "Issuer") pursuant to the Exchange Agreement (as defined below).
F2 The sales price indicated is a weighted average sales price. The corresponding shares were sold in multiple transactions at prices ranging from $8.25 to $8.44 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 The sales price indicated is a weighted average sales price. The corresponding shares were sold in multiple transactions at prices ranging from $8.10 to $8.29 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.
F4 Represents non-voting limited liability company interests (the "Post-Merger Repay Units") in Hawk Parent Holdings, LLC ("Hawk Parent"). Pursuant to the terms of an exchange agreement (the "Exchange Agreement") among Hawk Parent, the Issuer and certain holders of the Post-Merger Repay Units, the Post-Merger Repay Units may be exchanged at the discretion of the holder for shares of Class A common stock of the Issuer on a one-for-one basis, or, at the option of the Issuer, cash. These exchange rights do not expire.