Robert Lisy - 08 Aug 2022 Form 4 Insider Report for International Money Express, Inc. (IMXI)

Signature
Ernesto Luciano, as attorney-in-fact for Robert Lisy
Issuer symbol
IMXI
Transactions as of
08 Aug 2022
Net transactions value
-$16,717,263
Form type
4
Filing time
10 Aug 2022, 19:20:22 UTC
Previous filing
17 May 2022
Next filing
16 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMXI Common Stock Options Exercise $7,882,285 +795,387 +532% $9.91 944,827 08 Aug 2022 Direct
transaction IMXI Common Stock Disposed to Issuer $7,882,308 -302,700 -32% $26.04 642,127 08 Aug 2022 Direct F1
transaction IMXI Common Stock Tax liability $5,048,453 -193,873 -30% $26.04 448,254 08 Aug 2022 Direct
transaction IMXI Common Stock Sale $345,167 -13,851 -2.7% $24.92 499,778 09 Aug 2022 By: Robert Lisy Family Revocable Living Trust F2, F3, F4
transaction IMXI Common Stock Sale $1,449,489 -57,451 -11% $25.23 442,327 09 Aug 2022 By: Robert Lisy Family Revocable Living Trust F2, F4, F5
transaction IMXI Common Stock Sale $1,991,846 -78,698 -18% $25.31 363,629 10 Aug 2022 By: Robert Lisy Family Revocable Living Trust F2, F4, F6
holding IMXI Common Stock 438,531 08 Aug 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 $7,882,285 -795,387 -100% $9.91 0 08 Aug 2022 Common Stock 795,387 $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.