Jeffery Bradford Baker - 22 Feb 2021 Form 3 Insider Report for Paysign, Inc. (PAYS)

Role
CFO
Signature
/s/ Jeff Baker
Issuer symbol
PAYS
Transactions as of
22 Feb 2021
Net transactions value
$0
Form type
3
Filing time
10 May 2021, 12:54:40 UTC
Next filing
18 May 2021
SEC
View on sec.gov

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
holding PAYS Stock Grant 22 Feb 2021 Common Stock 300,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Not Applicable
F2 Upon employment, the Company granted Jeffery Baker five equal tranches of sixty thousand restricted common shares each valued at $285,600, which vest annually in equal amounts over a five year period commencing on February 28, 2022, if Jeffery Baker is still employed by the Company at each vesting date.