Technology Crossover Management VIII, Ltd. - Nov 11, 2024 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Signature
/s/ Frederic D. Fenton, Authorized Signatory for Technology Crossover Management VIII, Ltd.
Stock symbol
PAYO
Transactions as of
Nov 11, 2024
Transactions value $
-$77,400,000
Form type
4
Date filed
11/13/2024, 09:58 PM
Previous filing
Oct 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Sale -$77.4M -7.5M -17.99% $10.32 34.2M Nov 11, 2024 See footnotes F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 5,337,335 shares sold by TCV VIII, L.P., 1,439,310 shares sold by TCV VIII (A), L.P., 331,491 shares sold by TCV VIII (B), L.P. and 391,864 shares sold by TCV Member Fund, L.P.
F2 Includes 24,327,775 shares held directly by TCV VIII, L.P., 6,560,434 shares held directly by TCV VIII (A), L.P., 1,510,960 shares held directly by TCV VIII (B), L.P. and 1,797,947 shares held directly by TCV Member Fund, L.P. following the sale.
F3 Technology Crossover Management VIII, Ltd. ("Management VIII") is the sole general partner of Technology Crossover Management VIII, L.P. ("TCM VIII"), which in turn is the sole general partner of TCV VIII, L.P., TCV VIII (A), L.P. and TCV VIII (B), L.P. Management VIII is also a general partner of TCV Member Fund, L.P. Christopher P. Marshall, a Class A Director of Management VIII and a limited partner of TCM VIII and TCV Member Fund, L.P., serves as a director of the issuer and may have limited partner or other interests in one or more of the other entities described in this footnote 3.
F4 Each of the entities and individual described above are referred to herein as "Reporting Persons." Each Reporting Person disclaims Section 16 beneficial ownership of the shares reported herein except to the extent of its or hisrespective pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or any other purpose.

Remarks:

Exhibit 99.1 (Signatures and Joint Filer Information), incorporated herein by reference.