Matthew Louis Lanford - 30 Jun 2023 Form 4 Insider Report for Paysign, Inc. (PAYS)

Role
COO, President
Signature
/s/ Matthew L. Lanford
Issuer symbol
PAYS
Transactions as of
30 Jun 2023
Net transactions value
-$18,455
Form type
4
Filing time
05 Jul 2023, 20:33:02 UTC
Previous filing
07 Jul 2022
Next filing
02 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYS Common Stock Options Exercise +20,000 +53% 57,596 30 Jun 2023 Direct F1
transaction PAYS Common Stock Sale $18,455 -7,725 -13% $2.39 49,871 03 Jul 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 31, 2019, the reporting person received a grant of 100,000 shares of common stock vesting annually in equal amounts over a five-year period commencing on June 30, 2020. As of the date of this filing, 80,000 shares of common stock have vested.
F2 These shares of common stock were sold to satisfy certain tax withholding obligation associated with the vesting of restricted stock