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

SEC evidence 5 facts
Form type
4
Accepted by SEC
02 Nov 2023, 17:44:16 UTC
Previous filing
07 Aug 2023
Next filing
02 Aug 2024
SEC filing
View on sec.gov
Reporting owner 1 fact
Reporting owner signature
/s/ Robert Strobo

Key filing fact

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

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 2023, 17:44.

Change

  • Previous filing in this sequence was filed on 07 Aug 2023.
  • Current net transaction value: -$29,241.

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.

See Original Filing

Reported transactions

PAYS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+40,000
Change %
+26%
Price
$0.000000
Shares after
192,210
Date
31 Oct 2023
Ownership
Direct
Footnotes
F1
PAYS transaction

Common Stock

Sale

Transaction value
$29,241
Shares
-16,709
Change %
-8.7%
Price
$1.75
Shares after
175,501
Date
01 Nov 2023
Ownership
Direct
Footnotes
F2, F3

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

PAYS transaction Derivative

Stock Grant

Options Exercise

Transaction value
$0
Shares
-40,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
31 Oct 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
40,000
Exercise price
Footnotes
F1
* indicates a reported price that failed the local validity check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

One-fifth of the restricted stock shall vest annually on each anniversary of the October 31, 2019 vesting commencement date until fully vested on October 31, 2023.

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 $1.74 to $1.79, 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.

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