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.
- Filing timestamp: 02 Nov 2022, 19:44.
Robert Strobo - 31 Oct 2022 Form 4 Insider Report for Paysign, Inc. (PAYS)
- Role
- Chief Legal Officer
- Signature
- /s/ Robert Strobo
- Issuer symbol
- PAYS
- Transactions as of
- 31 Oct 2022
- Net transactions value
- +$59,717
- Form type
- 4
- Filing time
- 02 Nov 2022, 19:44:39 UTC
- Previous filing
- 02 Nov 2021
- Next filing
- 04 Nov 2022
- SEC
- View on sec.gov
Key filing fact
Robert Strobo filed Form 4 for Paysign, Inc. (PAYS) on 02 Nov 2022.
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
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
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
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| 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. |
| 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. |
| F3 | These shares of common stock were sold to satisfy certain tax withholding obligations associated with the vesting of restricted stock. |