Filing Details

Accession Number:
0001683168-23-005226
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-08-03 06:00:11
Reporting Period:
2023-07-31
Accepted Time:
2023-08-03 06:00:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1496443 Paysign Inc. PAYS Services-Business Services, Nec (7389) 954550154
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1506415 Mark Newcomer 2615 St. Rose Parkway
Henderson NV 89052
Ceo Yes Yes Yes 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 2023-07-31 150,000 $0.00 9,531,202 No 4 M Direct
Common Stock Disposition 2023-08-01 20,303 $1.88 9,510,899 No 4 S Direct
Common Stock Disposition 2023-08-02 17,793 $1.82 9,493,106 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Grant Disposition 2023-07-31 150,000 $0.00 150,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
600,000 2027-07-31 No 4 M Direct
Footnotes
  1. One-fifth of the restricted stock shall vest annually on each anniversary of the July 31, 2022 vesting commencement date until fully vested on July 31, 2027.
  2. These shares of common stock were sold to satisfy certain tax withholding obligations associated with the vesting of restricted stock.
  3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.85 to $1.97, inclusive. The reporting person undertakes to provide to Paysign, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.79 to $1.87, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.