Daniel Spence - Jun 30, 2021 Form 4 Insider Report for Paysign, Inc. (PAYS)

Role: EVP, Director, 10%+ Owner
Signature: /s/ Daniel Spence
Stock symbol: PAYS
Transactions as of: Jun 30, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/2/2021, 08:24 PM
Next filing: Apr 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PAYS	Common Stock	Options Exercise		+100K	+1.09%		9.29M	Jun 30, 2021	Direct	F1

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	PAYS	Stock Grant	Options Exercise		-100K	-50%		100K	Jun 30, 2021	Common Stock	100K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	On 11/11/16, the reporting person received a grant of 2 million shares of Common Stock vesting in equal amounts over a 5 year period on the last day of each quarter if employed by the company at that time. As of the date of this filing, 1.9 million shares have vested and been issued.