Benjamin J. Chung - Dec 1, 2021 Form 4 Insider Report for GreenBox POS (RVYL)

Role
Chief Financial Officer
Signature
/s/ Benjamin Chung
Stock symbol
RVYL
Transactions as of
Dec 1, 2021
Transactions value $
-$763,000
Form type
4
Date filed
12/23/2021, 03:34 PM
Previous filing
Dec 10, 2021
Next filing
Feb 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVYL Common Stock par value $0.001 Award +100K 100K Dec 1, 2021 Direct F1

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 RVYL Stock Options Disposed to Issuer -$763K -100K -100% $7.63* 0 Dec 1, 2021 Common Stock, par value $0.001 100K $7.63 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 1, 2021, the Board of Directors approved a grant of 100,000 shares of common stock pursuant to the Company's 2021 Restricted Stock Plan, 100% of which immediately vested on date of grant, in exchange for a cancellation of 100,000 stock options granted dated April 20, 2021.
F2 Stock option grant to Ben Chung dated April 20, 2021 was cancelled in exchange for direct issuance on December 1, 2021.