James Fuller - Jul 22, 2021 Form 4 Insider Report for Innovative Payment Solutions, Inc. (IPSI)

Role
Director
Signature
/s/ James W. Fuller
Stock symbol
IPSI
Transactions as of
Jul 22, 2021
Transactions value $
$0
Form type
4
Date filed
9/15/2021, 09:44 AM
Previous filing
Jul 13, 2021
Next filing
Sep 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPSI Common Stock Award $0 +2M +98.91% $0.00 4.02M Jul 22, 2021 Direct

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 IPSI Stock Option Disposed to Issuer $0 -208K -100% $0.00* 0 Feb 22, 2021 Common Stock 208K $0.24 Direct F1
transaction IPSI Stock Option Award $0 +208K $0.00 208K Jul 22, 2021 Common Stock 208K $0.15 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on February 22, 2021 and vested in full on the day of grant.