Karen Hartje - 14 Feb 2025 Form 4 Insider Report for Sezzle Inc. (SEZL)

Role
Chief Financial Officer
Signature
/s/ Brady Duane Kafka, as Attorney-in-Fact
Issuer symbol
SEZL
Transactions as of
14 Feb 2025
Net transactions value
-$1,832,967
Form type
4
Filing time
19 Feb 2025, 16:03:41 UTC
Previous filing
21 Jan 2025
Next filing
24 Mar 2025
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 Options Exercise $21,833 +684 +1.9% $31.92 35,805 14 Feb 2025 Direct
transaction SEZL Common Stock, par value $0.00001 per share Options Exercise $31,184 +599 +1.7% $52.06 36,404 14 Feb 2025 Direct
transaction SEZL Common Stock, par value $0.00001 per share Options Exercise $1,117 +588 +1.6% $1.90 36,992 14 Feb 2025 Direct
transaction SEZL Common Stock, par value $0.00001 per share Sale $1,128,366 -3,202 -8.7% $352.39 33,790 14 Feb 2025 Direct F1
transaction SEZL Common Stock, par value $0.00001 per share Options Exercise $6,384 +200 +0.59% $31.92 33,990 18 Feb 2025 Direct
transaction SEZL Common Stock, par value $0.00001 per share Options Exercise $10,412 +200 +0.59% $52.06 34,190 18 Feb 2025 Direct
transaction SEZL Common Stock, par value $0.00001 per share Options Exercise $2,540 +1,337 +3.9% $1.90 35,527 18 Feb 2025 Direct
transaction SEZL Common Stock, par value $0.00001 per share Sale $778,071 -2,217 -6.2% $350.96 33,310 18 Feb 2025 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 SEZL Stock Options Options Exercise $0 -684 -7.1% $0.000000 9,018 14 Feb 2025 Common Stock, par value $0.00001 per share 684 $31.92 Direct
transaction SEZL Stock Options Options Exercise $0 -599 -5.8% $0.000000 9,682 14 Feb 2025 Common Stock, par value $0.00001 per share 599 $52.06 Direct F3
transaction SEZL Stock Options Options Exercise $0 -588 -1.3% $0.000000 45,070 14 Feb 2025 Common Stock, par value $0.00001 per share 588 $1.90 Direct F4
transaction SEZL Stock Options Options Exercise $0 -200 -2.2% $0.000000 8,818 18 Feb 2025 Common Stock, par value $0.00001 per share 200 $31.92 Direct
transaction SEZL Stock Options Options Exercise $0 -200 -2.1% $0.000000 9,482 18 Feb 2025 Common Stock, par value $0.00001 per share 200 $52.06 Direct
transaction SEZL Stock Options Options Exercise $0 -1,337 -3% $0.000000 43,733 18 Feb 2025 Common Stock, par value $0.00001 per share 1,337 $1.90 Direct
* 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 $350.00 to $356.45, inclusive, on February 14, 2025. 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 The sales were effected in multiple transactions at prices ranging from $350.00 to $352.00, inclusive, on February 18, 2025. 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.
F3 Effective May 11, 2023, the common stock of Sezzle Inc. was reverse split 1-for-38, resulting in the shares of common stock underlying the stock options beneficially owned by the reporting person immediately prior to the effect of this Form 4 being consolidated to 10,281 shares of common stock.
F4 Effective May 11, 2023, the common stock of Sezzle Inc. was reverse split 1-for-38, resulting in the shares of common stock underlying the stock options beneficially owned by the reporting person immediately prior to the effect of this Form 4 being consolidated to 45,658 shares of common stock.