Fredi Nisan - Jan 20, 2022 Form 4 Insider Report for GreenBox POS (RVYL)

Signature
/s/ Fredi Nisan
Stock symbol
RVYL
Transactions as of
Jan 20, 2022
Transactions value $
$25,003
Form type
4
Date filed
1/28/2022, 04:39 PM
Previous filing
Oct 20, 2021
Next filing
Mar 17, 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 $5K +758 +0% $6.60* 20.6M Jan 20, 2022 Direct F1
transaction RVYL Common Stock, par value $0.001 Award $5K +1.01K +0% $4.96 20.6M Jan 20, 2022 Direct
transaction RVYL Common Stock, par value $0.001 Award $15K +3.51K +0.02% $4.27 20.6M Jan 27, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Nisan 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. Nisan 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.