Ali Mazanderani - Jun 3, 2024 Form 4 Insider Report for LESAKA TECHNOLOGIES INC (LSAK)

Role
Executive Chairman, Director
Signature
/s/ Ali Mazanderani
Stock symbol
LSAK
Transactions as of
Jun 3, 2024
Transactions value $
$0
Form type
4
Date filed
6/20/2024, 09:11 AM
Previous filing
May 15, 2024

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 LSAK Employee stock option (right to buy) Award $0 +1M $0.00 1M Jun 3, 2024 Common stock 1M $6.00 Direct F1, F2
transaction LSAK Employee stock option (right to buy) Award $0 +1M $0.00 1M Jun 3, 2024 Common stock 1M $8.00 Direct F1, F2
transaction LSAK Employee stock option (right to buy) Award $0 +1M $0.00 1M Jun 3, 2024 Common stock 1M $11.00 Direct F1, F2
transaction LSAK Employee stock option (right to buy) Award $0 +1M $0.00 1M Jun 3, 2024 Common stock 1M $14.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options were approved by the board of directors on December 4, 2023, subject to shareholder approval of the grant. Shareholders approved the grant on June 3, 2024.
F2 The stock options will vest on January 31, 2026, provided that the recipient provides continuous service as Executive Chairman through January 31, 2026. The stock options may only be exercised during a period commencing from January 31, 2028 to January 31, 2029.