Mark Newcomer - 31 Jul 2023 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
03 Aug 2023, 06:00:11 UTC
Prior SEC filing
04 Oct 2021
Next SEC filing
07 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark Newcomer

Key filing fact

Mark Newcomer filed Form 4 for Paysign, Inc. (PAYS) on 03 Aug 2023.

Key facts

  • This page summarizes Mark Newcomer's Form 4 filing for Paysign, Inc. (PAYS).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 03 Aug 2023, 06:00.

Change

  • Previous filing in this sequence was filed on 04 Oct 2021.
  • Current net transaction value: -$70,539.

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
$0
Shares
+150,000
Change %
+1.6%
Price
$0.000000
Shares after
9,531,202
Date
31 Jul 2023
Ownership
Direct
Footnotes
F1
PAYS transaction

Common Stock

Sale

Transaction value
$38,243
Shares
-20,303
Change %
-0.21%
Price
$1.88
Shares after
9,510,899
Date
01 Aug 2023
Ownership
Direct
Footnotes
F2, F3
PAYS transaction

Common Stock

Sale

Transaction value
$32,296
Shares
-17,793
Change %
-0.19%
Price
$1.82
Shares after
9,493,106
Date
02 Aug 2023
Ownership
Direct
Footnotes
F2, F4

Reported derivative securities

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

PAYS transaction Derivative

Stock Grant

Options Exercise

Transaction value
$0
Shares
-150,000
Change %
-20%
Price
$0.000000
Shares after
600,000
Date
31 Jul 2023
Ownership
Direct
Underlying class
Common stock
Underlying amount
150,000
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 4 footnotes

Footnote 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.

Footnote F2

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

Footnote 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.

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.

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