Robert Strobo - 31 Jul 2023 Form 4 Insider Report for Paysign, Inc. (PAYS)

Role
CLO
Signature
/s/ Robert Strobo
Issuer symbol
PAYS
Transactions as of
31 Jul 2023
Net transactions value
-$28,833
Form type
4
Filing time
02 Aug 2023, 21:57:37 UTC
Previous filing
04 Nov 2022
Next filing
07 Aug 2023

Quoteable Key Fact

"Robert Strobo filed Form 4 for Paysign, Inc. (PAYS) on 02 Aug 2023."

Quick Takeaways

  • This page summarizes Robert Strobo's Form 4 filing for Paysign, Inc. (PAYS).
  • 4 reported transactions and 1 derivative row are listed below.
  • Filing timestamp: 02 Aug 2023, 21:57.

What Changed

  • Previous filing in this sequence was filed on 04 Nov 2022.
  • Current net transaction value: -$28,833.

Why This Matters

  • 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.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

PAYS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+64,000
Change %
+56%
Price
$0.000000
Shares after
177,849
Date
31 Jul 2023
Ownership
Direct
PAYS transaction

Common Stock

Sale

Transaction value
$15,632
Shares
-8,299
Change %
-4.7%
Price
$1.88
Shares after
169,550
Date
01 Aug 2023
Ownership
Direct
Footnotes
F2, F3
PAYS transaction

Common Stock

Sale

Transaction value
$13,201
Shares
-7,273
Change %
-4.3%
Price
$1.82
Shares after
162,277
Date
02 Aug 2023
Ownership
Direct
Footnotes
F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

PAYS transaction Derivative

Stock Grant

Options Exercise

Transaction value
$0
Shares
-64,000
Change %
-20%
Price
$0.000000
Shares after
256,000
Date
31 Jul 2023
Ownership
Direct
Underlying class
Common stock
Underlying amount
64,000
Exercise price
Footnotes
F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-fifth of the restricted stock shall vest annually on each anniversary of the July 31, 2022 vesting commencement date until fully vested on July 31, 2027.
F2 These shares of common stock were sold to satisfy certain tax withholding obligations associated with the vesting of restricted stock.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.85 to $1.97, 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.
F4 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.79 to $1.87, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Here you can make detailed settings or revoke your consent (in part if necessary) with effect for the future. For further information, please refer to our Privacy Policy .