Ben Errez - 20 Jan 2022 Form 4 Insider Report for GreenBox POS (RVYL)

Role
Chairman of Board of Directors, Director
Signature
/s/ Ben Errez
Issuer symbol
RVYL
Transactions as of
20 Jan 2022
Net transactions value
+$25,003
Form type
4
Filing time
28 Jan 2022, 16:28:15 UTC
Previous filing
20 Oct 2021
Next filing
17 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVYL Common Stock, par value $0.001 Award $5,003 +758 +0% $6.60* 20,612,606 20 Jan 2022 Direct F1
transaction RVYL Common Stock, par value $0.001 Award $5,000 +1,008 +0% $4.96 20,613,614 20 Jan 2022 Direct
transaction RVYL Common Stock, par value $0.001 Award $15,001 +3,513 +0.02% $4.27 20,617,127 27 Jan 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Errez earns $5,000 worth of shares of Common Stock monthly, issuable on the 15th day of each month in the number based on the closing price of our Common Stock on that date or the next trading day. The issuances for November and December 2021 were delayed and consolidated in one issuance.
F2 On January 21, 2022, as part of his quarterly compensation as a director of the Company, the Board of Directors of the Company granted Mr. Errez 3,513 shares of common stock pursuant to the Company's 2021 Restricted Stock Plan, whereby 1/3 of the shares granted vest immediately upon issuance, an additional 1/3 of the shares shall vest each month thereafter, and all shares vest fully on March 15th, 2022.