Matthew Lanford - Jun 30, 2024 Form 4 Insider Report for Paysign, Inc. (PAYS)

Role
Chief Payments Officer, Director
Signature
/s/ Matthew Lanford
Stock symbol
PAYS
Transactions as of
Jun 30, 2024
Transactions value $
-$32,393
Form type
4
Date filed
7/2/2024, 06:20 PM
Previous filing
Aug 7, 2023
Next filing
Aug 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYS Common Stock Options Exercise $0 +20K +22.61% $0.00 108K Jun 30, 2024 Direct F1
transaction PAYS Common Stock Sale -$32.4K -8.04K -7.41% $4.03 100K Jul 1, 2024 Direct F2, F3

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

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PAYS Stock Grant Options Exercise $0 -20K -100% $0.00* 0 Jun 30, 2024 Common Stock 20K Direct F1
* 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, 100,000 shares of common stock have vested.
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 $3.95 to $4.06, 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.