Joseph Aguilar - Mar 14, 2024 Form 4 Insider Report for International Money Express, Inc. (IMXI)

Signature
Santiago Bravo, Attorney-in-Fact for Joseph Aguilar
Stock symbol
IMXI
Transactions as of
Mar 14, 2024
Transactions value $
-$2,453,554
Form type
4
Date filed
3/18/2024, 05:02 PM
Previous filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMXI Common Stock Options Exercise $904K +62.5K +62.82% $14.46 162K Mar 14, 2024 Direct
transaction IMXI Common Stock Options Exercise $778K +62.5K +38.58% $12.45 224K Mar 14, 2024 Direct
transaction IMXI Common Stock Disposed to Issuer -$1.68M -81.9K -36.49% $20.53 143K Mar 14, 2024 Direct F1
transaction IMXI Common Stock Tax liability -$271K -13.2K -9.25% $20.53 129K Mar 14, 2024 Direct
transaction IMXI Common Stock Sale -$501K -23.7K -18.32% $21.13 106K Mar 15, 2024 Direct

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 Options (right to buy) Options Exercise -$904K -62.5K -100% $14.46 0 Mar 14, 2024 Common Stock 62.5K $14.46 Direct F2
transaction IMXI Stock Options (right to buy) Options Exercise -$778K -62.5K -66.67% $12.45 31.3K Mar 14, 2024 Common Stock 62.5K $12.45 Direct F3
* 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 Represents part of an option to purchase 125,000 shares, which vested in substantially equal installments on each of September 23, 2020, September 23, 2021, September 23, 2022, and September 23, 2023. The reporting person partially exercised the option with respect to 62,500 shares on May 31, 2022.
F3 Represents part of an option to purchase 125,000 shares, which vests, subject to the reporting person's continued employment with the issuer through the applicable vesting date, in substantially equal installments on each of June 26, 2021, June 26, 2022, June 26, 2023 and June 26, 2024. The reporting person partially exercised the option with respect to 31,250 shares on May 31, 2022.