David Faupel - 12 Nov 2021 Form 4 Insider Report for Priority Technology Holdings, Inc. (PRTH)

Signature
/s/ David Faupel
Issuer symbol
PRTH
Transactions as of
12 Nov 2021
Net transactions value
$0
Form type
4
Filing time
15 Nov 2021, 17:01:39 UTC
Previous filing
24 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTH Common Stock Options Exercise $0 +56,404 +2452% $0.000000 58,704 12 Nov 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 PRTH Restricted Stock Unit Options Exercise $0 +56,404 $0.000000 56,404 12 Nov 2021 Common Stock 66,403 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 On November 12, 2020, the Reporting Person was granted 122,807 restricted stock units. 61,404 vest subject to the Reporting Person's continued service as an employee of the Issuer as follows: 28,202 on November 12, 2021; 16,601 on November 12, 2022; and 16,601 on November 12, 2023. 61,403 vest subject to the Reporting Person's continued service as an employee of the Issuer and achievement of certain performance goals established by the Issuer as follows: 28,202 on November 12, 2021; 16,601 on November 12, 2022; and 16,600 on November 12, 2023.