Ranjana Ram - 19 Apr 2022 Form 4 Insider Report for Priority Technology Holdings, Inc. (PRTH)

Signature
/s/ Ranjana Ram
Issuer symbol
PRTH
Transactions as of
19 Apr 2022
Net transactions value
-$178,997
Form type
4
Filing time
06 Jan 2023, 14:57:37 UTC
Previous filing
28 May 2021
Next filing
21 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTH Common Stock Options Exercise $0 +83,333 +14% $0.000000 660,767 19 Apr 2022 Direct F1
transaction PRTH Common Stock Disposed to Issuer $178,997 -33,583 -5.1% $5.33 627,184 19 Apr 2022 Direct F2

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 -83,333 -33% $0.000000 170,024 19 Apr 2022 Common Stock 83,333 Direct F1, F3
* 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 Shares withheld to satisfy tax obligations.
F3 On April 19,2021, the Reporting Person was granted 250,000 restricted stock units. 250,000 vest subject to the Reporting Person's continued service as an employee of the Issuer as follows: 83,333 on April 19, 2022; 83,333 on April 19, 2023; and 83,334 on April 19, 2024.