Filing Details

Accession Number:
0001062993-22-022802
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-11-28 16:07:02
Reporting Period:
2022-11-28
Accepted Time:
2022-11-28 16:07:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1041514 Lesaka Technologies Inc LSAK 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, Fc T3 T3
Ceo: Southern Africa Yes 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 Disposition 2022-11-23 80,000 $4.08 250,286 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. The Reporting Person sold 80,000 shares of Issuer's common stock in order to repay outstanding principal and interest related to borrowings obtained in 2021 to acquire shares of Issuer's common stock and to recoup income taxes incurred upon vesting of shares of Issuer's restricted stock awarded to the Reporting Person, which were previously withheld and paid to the relevant tax authority by the Reporting Person's South African employer on the Reporting Person's behalf.
  2. 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 transaction price of ZAR 70.00 per share and the exchange rate of $1:ZAR 17.1385 in effect on the date of the transaction.