Rajiv Kumar - Jan 11, 2023 Form 4 Insider Report for Priority Technology Holdings, Inc. (PRTH)

Signature
/s/ Rajiv Kumar
Stock symbol
PRTH
Transactions as of
Jan 11, 2023
Transactions value $
-$23,497
Form type
4
Date filed
1/13/2023, 03:32 PM
Previous filing
Mar 31, 2022
Next filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTH Common Stock Options Exercise $0 +12.5K $0.00 12.5K Jan 11, 2023 Direct F1
transaction PRTH Common Stock Disposed to Issuer -$23.5K -4.43K -35.4% $5.31 8.08K Jan 11, 2023 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 -12.5K -16.67% $0.00 62.5K Jan 11, 2023 Common Stock 12.5K 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 January 5, 2022, the Reporting Person was granted 75,000 restricted stock units. 75,000 vest subject to the Reporting Person's continued service as an employee of the Issuer as follows: 12,500 on January 5, 2023; 20,834 on January 5, 2024; and 20,833 on January 5, 2025; and 20,833 on January 5, 2026.