Itai Perry - Feb 13, 2024 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Role
Chief Accounting Officer
Signature
/s/ Kajal Shah-Sakaria, attorney-in-fact for Itai Perry
Stock symbol
PAYO
Transactions as of
Feb 13, 2024
Transactions value $
-$60,821
Form type
4
Date filed
2/15/2024, 05:42 PM
Previous filing
Nov 29, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Award $0 +94K +62.25% $0.00 245K Feb 13, 2024 Direct F1
transaction PAYO Common Stock Tax liability -$60.8K -11.3K -4.61% $5.39 234K Feb 14, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock underlying restricted stock units subject to time-based vesting, granted to the Reporting Person on February 13, 2024 in connection with the Issuer's annual incentive equity granting cycle. One-fourth of these restricted stock units will vest on the first anniversary of the grant date, and the remainder will vest ratably in approximately 1/16 installments on a quarterly basis thereafter, provided that the Reporting Person remains in continuous service on each applicable vesting date.
F2 Shares withheld solely to cover the reporting person's tax obligation arising from the settlement of vested restricted stock units and does not represent an open market sale.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney