Jared Isaacman - 31 Dec 2024 Form 4 Insider Report for Shift4 Payments, Inc. (FOUR)

Signature
/s/ Jordan Frankel, Attorney-in-Fact for Jared Isaacman
Issuer symbol
FOUR
Transactions as of
31 Dec 2024
Net transactions value
$0
Form type
4
Filing time
03 Jan 2025, 18:21:19 UTC
Previous filing
09 Dec 2024
Next filing
24 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOUR Class C Common Stock Disposed to Issuer $0 -99,269 -6.9% $0.000000 1,349,230 31 Dec 2024 See footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In November 2021, the Issuer implemented a one-time discretionary equity award program for non-management employees. Rook Holdings Inc. ("Rook") and the Reporting Person, Jared Isaacman, Rook's sole shareholder, agreed to fund 50% of this program through a contribution of his shares of common stock, which are held of record by Rook. The one-time discretionary equity award program vests in three equal installments. The transaction reported shows Mr. Isaacman's contribution of 99,269 shares of the Class A common stock to the Issuer (and the simultaneous cancellation of the same number of shares of the Issuer's Class C common stock) in connection with the first vesting event, pursuant to a contribution agreement entered into on December 31, 2024.