Filing Details
- Accession Number:
- 0001062993-21-012319
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-12-07 16:15:30
- Reporting Period:
- 2021-12-03
- Accepted Time:
- 2021-12-07 16:15:30
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1041514 | Net 1 Ueps Technologies Inc | UEPS | Functions Related To Depository Banking, Nec (6099) | 980171860 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1860296 | Camagu Lincoln Mali | President Place, 4Th Floor Cnr Jan Smuts Avenue And Bolton Road Rosebank, Johannesburg T3 T3 | Ceo: South Africa | No | Yes | 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 | 2021-12-03 | 6,010 | $4.97 | 156,784 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2021-12-03 | 6,928 | $0.00 | 163,712 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2021-12-03 | 918 | $0.00 | 164,630 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2021-12-06 | 36,133 | $5.19 | 200,763 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2021-12-06 | 43,383 | $0.00 | 244,146 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2021-12-06 | 7,250 | $0.00 | 251,396 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | P | Direct | |
| No | 4 | A | Direct | |
| No | 4 | A | Direct |
Footnotes
- The underlying transactions are denominated in South African rand ("ZAR") and were executed on the JSE Limited. The amount reported in United States dollars is based on the exchange rate in effect on the date of the transactions. Purchase prices for the transactions reported here range from ZAR 78.0 to ZAR 80.0 and ZAR 75.51 and ZAR 83.50 on December 3, 2021 and December 6, 2021, respectively. Full information regarding the number of shares purchased at each separate price will be provided to the SEC, the issuer or its shareholders upon request.
- Represents a grant of restricted stock approved by the remuneration committee of the Issuer's board of directors in accordance with Mr. Mali's February 5, 2021, employment agreement and pursuant to the Amended and Restated 2015 Stock Incentive Plan. The Issuer has agreed to match the reporting person's purchase of shares of its common stock up to an amount of ZAR 6.25 million ("Matching Arrangement"). Under the terms of the Matching Arrangement, the Issuer granted these shares of restricted stock to the reporting person following this purchase, and the awards vest ratably over a period of three years commencing on the first anniversary of the grant of the award and are also subject to the reporting person's employment with the Issuer on a full-time basis on the applicable vesting date. If both of these conditions are not satisfied, then none of the shares of restricted stock will vest and they will be forfeited.
- Pursuant to the terms of the Matching Arrangement, the reporting person elected to receive these shares of the Issuer's shares of common stock following his purchase. The shares vested on the date of grant.
Billionaire Hedge Funds
