Scott Galit - Jul 1, 2024 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Role
Director
Signature
/s/ Kajal Shah-Sakaria, attorney-in-fact for Scott Galit
Stock symbol
PAYO
Transactions as of
Jul 1, 2024
Transactions value $
-$3,281,802
Form type
4
Date filed
7/3/2024, 03:32 PM
Previous filing
Jun 4, 2024
Next filing
Jul 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Options Exercise $73.6K +52.2K +2.15% $1.41* 2.47M Jul 1, 2024 Direct F1
transaction PAYO Common Stock Sale -$283K -52.2K -2.11% $5.43 2.42M Jul 1, 2024 Direct F1
transaction PAYO Common Stock Sale -$1.63M -300K -12.38% $5.43 2.12M Jul 1, 2024 Direct F1
transaction PAYO Common Stock Options Exercise $504K +358K +16.86% $1.41* 2.48M Jul 2, 2024 Direct F1
transaction PAYO Common Stock Sale -$1.95M -358K -14.42% $5.45 2.12M Jul 2, 2024 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 -52.2K -2.21% $0.00 2.31M Jul 1, 2024 Common Stock 52.2K $1.41 Direct F1, F2
transaction PAYO Stock Options (Right to buy) Options Exercise $0 -358K -15.49% $0.00 1.95M Jul 2, 2024 Common Stock 358K $1.41 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2024.
F2 This option is fully vested and exercisable.