Paul Paradis - Apr 1, 2024 Form 4 Insider Report for Sezzle Inc. (SEZL)

Role: Executive Director & President, Director
Signature: /s/ Brady Duane Kafka, as Attorney-in-Fact
Stock symbol: SEZL
Transactions as of: Apr 1, 2024
Transactions value $: -$159,441
Form type: 4
Date filed: 4/3/2024, 05:53 PM
Previous filing: Mar 26, 2024
Next filing: Apr 8, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SEZL	Common Stock, par value $0.00001 per share	Sale	-$118K	-1.65K	-0.79%	$71.90	206K	Apr 1, 2024	Direct	F1
transaction	SEZL	Common Stock, par value $0.00001 per share	Tax liability	-$41.2K	-603	-0.29%	$68.26	205K	Apr 1, 2024	Direct	F2
transaction	SEZL	Common Stock, par value $0.00001 per share	Award	$0	+10K	+4.87%	$0.00	215K	Apr 1, 2024	Direct	F3

Showing 1 to 3 of 3 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The sales were effected in multiple transactions at prices ranging from $60.50 to $81.97, inclusive, on April 1, 2024. The price reported in Column 4 is the weighted average price. The reporting person undertakes to provide, upon request, full information regarding the number of shares purchased in each transaction.
F2	Reflecting shares withheld in respect of tax obligations upon vesting of restricted stock units.
F3	Representing an award of restricted stock units with a four-year vesting period. 25% of the award vests on April 1, 2025, and 6.25% of the award vests each quarter thereafter.