Bradley J. Miller - Feb 17, 2023 Form 4 Insider Report for Priority Technology Holdings, Inc. (PRTH)

Role
General Counsel and CRO
Signature
/s/ Bradley J. Miller
Stock symbol
PRTH
Transactions as of
Feb 17, 2023
Transactions value $
-$232,391
Form type
4
Date filed
2/28/2023, 02:24 PM
Previous filing
Sep 6, 2022
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTH Common Stock Options Exercise $0 +66.7K +50.35% $0.00 199K Feb 17, 2023 Direct F1
transaction PRTH Common Stock Tax liability -$130K -30.1K -15.1% $4.34 169K Feb 17, 2023 Direct F2
transaction PRTH Common Stock Options Exercise $0 +52.3K +30.95% $0.00 221K Feb 18, 2023 Direct F1
transaction PRTH Common Stock Tax liability -$102K -23.6K -10.66% $4.32 198K Feb 18, 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 -66.7K -26.42% $0.00 186K Feb 17, 2023 Common Stock 66.7K Direct F1, F3
transaction PRTH Restricted Stock Unit Options Exercise $0 -52.3K -28.17% $0.00 133K Feb 18, 2023 Common Stock 52.3K Direct F1, F4
* 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 September 1, 2022, a grant was approved for the Reporting Person for 200,000 restricted stock units which 66,666 vest on February 17, 2023, 66,666 vest on February 17, 2024, and 66,667 vest on February 17, 2025 subject to the Reporting Person's continued employment with the Issuer.
F4 On February 18, 2020, the Reporting Person was granted 209,204 restricted stock units which vest 50% on February 18, 2021; 25% on February 18, 2022; and 25% on February 18, 2023 subject to the Reporting Person's continued employment with the Issuer.