Robert Lisy - Aug 8, 2022 Form 4 Insider Report for International Money Express, Inc. (IMXI)

Signature
Ernesto Luciano, as attorney-in-fact for Robert Lisy
Stock symbol
IMXI
Transactions as of
Aug 8, 2022
Transactions value $
-$16,717,263
Form type
4
Date filed
8/10/2022, 07:20 PM
Previous filing
May 17, 2022
Next filing
Nov 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMXI Common Stock Options Exercise $7.88M +795K +532.25% $9.91 945K Aug 8, 2022 Direct
transaction IMXI Common Stock Disposed to Issuer -$7.88M -303K -32.04% $26.04 642K Aug 8, 2022 Direct F1
transaction IMXI Common Stock Tax liability -$5.05M -194K -30.19% $26.04 448K Aug 8, 2022 Direct
transaction IMXI Common Stock Sale -$345K -13.9K -2.7% $24.92 500K Aug 9, 2022 By: Robert Lisy Family Revocable Living Trust F2, F3, F4
transaction IMXI Common Stock Sale -$1.45M -57.5K -11.5% $25.23 442K Aug 9, 2022 By: Robert Lisy Family Revocable Living Trust F2, F4, F5
transaction IMXI Common Stock Sale -$1.99M -78.7K -17.79% $25.31 364K Aug 10, 2022 By: Robert Lisy Family Revocable Living Trust F2, F4, F6
holding IMXI Common Stock 439K Aug 8, 2022 By: Hawk Time Enterprises LLC F7

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 IMXI Stock Option (right to buy) Options Exercise -$7.88M -795K -100% $9.91 0 Aug 8, 2022 Common Stock 795K $9.91 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares surrendered to cover the option cost.
F2 Sales were made pursuant to a 10b5-1 plan adopted by the reporting person as part of the reporting person's financial planning to diversify his investments.
F3 This transaction was executed in multiple trades at prices ranging from $24.80 to $24.99. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F4 These shares are owned directly by the Robert Lisy Family Revocable Living Trust, and indirectly by Robert Lisy as trustee of the trust.
F5 This transaction was executed in multiple trades at prices ranging from $25.00 to $25.98. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F6 This transaction was executed in multiple trades at prices ranging from $24.94 to $25.85. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F7 These share are directly owned by Hawk Time Enterprises LLC and indirectly by Robert Lisy as sole manager of such entity.
F8 The options exercised were part of a July 26, 2018 stock option grant, representing the right to purchase 1,189,902 shares, which, subject to the reporting person's continued employment with the issuer through the applicable vesting date, vested in substantially equal installments on each of July 26, 2019, July 26, 2020, July 26, 2021, and July 26, 2022.