Filing Details

Accession Number:
0001653558-20-000161
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-09-15 16:07:35
Reporting Period:
2020-09-11
Accepted Time:
2020-09-15 16:07:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1653558 Priority Technology Holdings Inc. PRTH () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1258940 Michael Passilla C/O Priority Technology Holdings, Inc.
2001 Westside Parkway, Suite 155
Alpharetta GA 30004
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-09-11 1,799 $2.80 69,949 No 4 P Indirect see footnote
Common Stock Acquisiton 2020-09-14 3,093 $3.10 73,042 No 4 P Indirect see footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect see footnote
No 4 P Indirect see footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 26,596 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Unit $0.00 26,596 26,596 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
26,596 26,596 Direct
Footnotes
  1. Shares acquired by Posillipo Ventures, Inc., a limited liability company of which the Reporting Person is managing member.
  2. The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $3.05 to $3.10, inclusive. The Reporting Person undertakes to provide to Priority Technology Holdings, Inc., any security holder of Priority Technology Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
  3. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock (PRTH).
  4. On April 1, 2020, the Reporting Person was granted 53,192 restricted stock units which vest 25% on April 1, 2020, 25% on July 1, 2020, 25% on October 1, 2020, and 25% on January 1, 2021 subject to the Reporting Person's continued service as a director of the Issuer.