Michael Levine - Dec 9, 2022 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Signature
/s/ Gal Sagi, attorney-in-fact for Michael Levine
Stock symbol
PAYO
Transactions as of
Dec 9, 2022
Transactions value $
$24,800
Form type
4
Date filed
12/13/2022, 04:43 PM
Previous filing
Nov 23, 2022
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Options Exercise $24.8K +40K +3.45% $0.62 1.2M Dec 9, 2022 Direct F1

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 PAYO Stock Options (Right to buy) Options Exercise $0 -40K -35.46% $0.00 72.8K Dec 9, 2022 Common Stock 40K $0.62 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction reflects a cash exercise of stock options without a subsequent sale of the underlying shares of common stock.
F2 Option vests over 4 years, beginning on 1/28/2015, subject to the Reporting Person's continued employment with the Issuer. The reported portion is fully vested and immediately exercisable.