Michael Passilla - 01 Oct 2023 Form 4 Insider Report for Priority Technology Holdings, Inc. (PRTH)

Role
Director
Signature
/s/ Michael Passilla
Issuer symbol
PRTH
Transactions as of
01 Oct 2023
Net transactions value
-$11,192
Form type
4
Filing time
03 Oct 2023, 16:29:47 UTC
Previous filing
19 Jul 2023
Next filing
03 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTH Common Stock Options Exercise +6,527 +7% 99,857 01 Oct 2023 Direct F1
transaction PRTH Common Stock Disposed to Issuer $11,192 -3,622 -3.6% $3.09 96,235 01 Oct 2023 Direct F2
holding PRTH Common Stock 76,052 01 Oct 2023 see footnote F3

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 -6,527 -50% $0.000000 6,527 01 Oct 2023 Common Stock 6,527 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 Shares acquired by Posillipo Ventures, Inc., a limited liability company of which the reporting person is a managing member.
F4 On March 22, 2023, the Reporting Person was granted 26,110 restricted stock units which vest 25% on April 1, 2023, 25% on July 1, 2023, 25% on October 1, 2023, and 25% on January 1, 2024 subject to the Reporting Person's continued service as a director of the Issuer.