Shaler Alias - 03 Jul 2013 Form 4 Insider Report for Repay Holdings Corp (RPAY)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
06 Jul 2023, 17:00:12 UTC
Next SEC filing
25 May 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Timothy J. Murphy, as Attorney-in-Fact

Key filing fact

Shaler Alias filed Form 4 for Repay Holdings Corp (RPAY) on 06 Jul 2023.

Key facts

  • This page summarizes Shaler Alias's Form 4 filing for Repay Holdings Corp (RPAY).
  • 9 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 06 Jul 2023, 17:00.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$4,239,319.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RPAY transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+200,000
Change %
+267%
Price
Shares after
275,000
Date
03 Jul 2023
Ownership
See footnote
Footnotes
F1, F2
RPAY transaction

Class A Common Stock

Sale

Transaction value
$1,586,000
Shares
-200,000
Change %
-73%
Price
$7.93
Shares after
75,000
Date
03 Jul 2023
Ownership
See footnote
Footnotes
F2, F3, F4
RPAY transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+200,000
Change %
+267%
Price
Shares after
275,000
Date
05 Jul 2023
Ownership
See footnote
Footnotes
F1, F2
RPAY transaction

Class A Common Stock

Sale

Transaction value
$1,570,000
Shares
-200,000
Change %
-73%
Price
$7.85
Shares after
75,000
Date
05 Jul 2023
Ownership
See footnote
Footnotes
F2, F3, F4
RPAY transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+143,486
Change %
+191%
Price
Shares after
218,486
Date
06 Jul 2023
Ownership
See footnote
Footnotes
F1, F2
RPAY transaction

Class A Common Stock

Sale

Transaction value
$1,083,319
Shares
-143,486
Change %
-66%
Price
$7.55
Shares after
75,000
Date
06 Jul 2023
Ownership
See footnote
Footnotes
F2, F3, F4
RPAY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
430,671
Date
03 Jul 2013
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RPAY transaction Derivative

Post-Merger Repay Units

Options Exercise

Transaction value
Shares
-200,000
Change %
-15%
Price
Shares after
1,130,869
Date
03 Jul 2023
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
200,000
Exercise price
Footnotes
F1, F2, F5
RPAY transaction Derivative

Post-Merger Repay Units

Options Exercise

Transaction value
Shares
-200,000
Change %
-18%
Price
Shares after
930,869
Date
05 Jul 2023
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
200,000
Exercise price
Footnotes
F1, F2, F5
RPAY transaction Derivative

Post-Merger Repay Units

Options Exercise

Transaction value
Shares
-143,486
Change %
-15%
Price
Shares after
787,383
Date
06 Jul 2023
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
143,486
Exercise price
Footnotes
F1, F2, F5
RPAY holding Derivative

Post-Merger Repay Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
145,085
Date
03 Jul 2013
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
145,085
Exercise price
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 5 footnotes

Footnote F1

Reflects an exchange of Post-Merger Repay Units (as defined below) on a one-for-one basis for shares of Class A common stock of Repay Holdings Corporation (the "Issuer") pursuant to the Exchange Agreement (as defined below).

Footnote F2

These securities are held directly by a limited liability company, of which Reporting Person owns all of the voting ownership interests and serves as the sole member of its board of directors.

Footnote F3

The transaction was pursuant to a Rule 10b5-1 plan adopted on March 7, 2023.

Footnote F4

The sales price indicated is a weighted average sales price. For 7/3/2023 sale, the corresponding shares were sold in multiple transactions at prices ranging from $7.71 to $8.04 inclusive. For 7/5/2023 sale, the corresponding shares were sold in multiple transactions at prices ranging from $7.77 to $7.94 inclusive. For 7/6/2023 sale, the corresponding shares were sold in multiple transactions at prices ranging from $7.50 to $7.69 inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within each of the ranges set forth.

Footnote F5

Represents non-voting limited liability company interests (the "Post-Merger Repay Units") in Hawk Parent Holdings, LLC ("Hawk Parent"). Pursuant to the terms of an exchange agreement (the "Exchange Agreement") among Hawk Parent, the Issuer and certain holders of the Post-Merger Repay Units, the Post-Merger Repay Units may be exchanged at the discretion of the holder for shares of Class A common stock of the Issuer on a one-for-one basis, or, at the option of the Issuer, cash. These exchange rights do not expire.

SEC remarks

The Reporting Person disclaims beneficial ownership of any securities reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.

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