Jeffery Bradford Baker - 28 Feb 2025 Form 4 Insider Report for Paysign, Inc. (PAYS)

Signature
/s/ Jeffery B. Baker
Issuer symbol
PAYS
Transactions as of
28 Feb 2025
Net transactions value
-$69,403
Form type
4
Filing time
05 Mar 2025, 16:02:23 UTC
Previous filing
06 Aug 2024
Next filing
26 Sep 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYS Common Stock Options Exercise $0 +60,000 +32% $0.000000 247,065 28 Feb 2025 Direct F1
transaction PAYS Common Stock Sale $69,403 -28,396 -11% $2.44 218,669 03 Mar 2025 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 -60,000 -50% $0.000000 60,000 28 Feb 2025 Common Stock 60,000 Direct 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 February 28, 2021 vesting commencement date until fully vested on February 28, 2026.
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 $2.3901 to $2.5301, 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.