Robert Strobo - 31 Oct 2022 Form 4 Insider Report for Paysign, Inc. (PAYS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Nov 2022, 19:44:39 UTC
Prior SEC filing
02 Nov 2021
Next SEC filing
04 Nov 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Robert Strobo

Key filing fact

Robert Strobo filed Form 4 for Paysign, Inc. (PAYS) on 02 Nov 2022.

Key facts

  • This page summarizes Robert Strobo's Form 4 filing for Paysign, Inc. (PAYS).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 02 Nov 2022, 19:44.

Change

  • Previous filing in this sequence was filed on 02 Nov 2021.
  • Current net transaction value: +$59,717.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PAYS transaction

Common Stock

Options Exercise

Transaction value
$98,000
Shares
+40,000
Change %
+44%
Price
$2.45
Shares after
130,052
Date
31 Oct 2022
Ownership
Direct
Footnotes
F1
PAYS transaction

Common Stock

Sale

Transaction value
$38,283
Shares
-16,201
Change %
-12%
Price
$2.36
Shares after
113,851
Date
02 Nov 2022
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PAYS transaction Derivative

Stock Grant

Options Exercise

Transaction value
Shares
+40,000
Change %
Price
Shares after
40,000
Date
31 Oct 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On October 22, 2018, the reporting person received a grant of 200,000 shares of common stock vesting annually in equal amounts over a five-year period commencing on October 31, 2019. As of the date of this filing, 160,000 shares of common stock have vested and been issued.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.31 to $2.40, inclusive. The reporting person undertakes to provide to Paysign, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F3

These shares of common stock were sold to satisfy certain tax withholding obligations associated with the vesting of restricted stock.

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