Steven J. Heilbron - Oct 25, 2023 Form 4 Insider Report for LESAKA TECHNOLOGIES INC (LSAK)

Signature
/s/ Steven J. Heilbron
Stock symbol
LSAK
Transactions as of
Oct 25, 2023
Transactions value $
$0
Form type
4
Date filed
10/27/2023, 04:06 PM
Previous filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSAK Common Stock Award $0 +225K +42.86% $0.00 750K Oct 25, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock approved by the remuneration committee of the Issuer's board of directors pursuant to the Amended and Restated 2022 Stock Incentive Plan. The shares vest on June 30, 2025, and vesting is subject to the Reporting Person's continuous employment with the Company or serving on the Issuer's board of directors through June 30, 2025. If the Reporting Person's employment is terminated by the Company without cause then the shares of restricted stock will continue to vest on June 30, 2025, notwithstanding the fact that the Reporting Person is no longer an employee of the Issuer. If the Reporting Person's employment is terminated for cause, then any unvested shares will be forfeited.