Michael Passilla - Jan 6, 2023 Form 4 Insider Report for Priority Technology Holdings, Inc. (PRTH)

Role
Director
Signature
/s/ Michael Passilla
Stock symbol
PRTH
Transactions as of
Jan 6, 2023
Transactions value $
-$6,733
Form type
4
Date filed
1/6/2023, 02:15 PM
Previous filing
Oct 4, 2022
Next filing
Mar 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRTH Common Stock Options Exercise $0 +4.61K +5.86% $0.00 83.4K Jan 6, 2023 Direct F1
transaction PRTH Common Stock Disposed to Issuer -$6.73K -1.28K -1.54% $5.26 82.1K Jan 6, 2023 Direct F2
holding PRTH Common Stock 76.1K Jan 6, 2023 see footnote F3

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 PRTH Restricted Stock Unit Options Exercise $0 -4.61K -100% $0.00* 0 Jan 6, 2023 Common Stock 4.61K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 Shares withheld to satisfy tax obligations.
F3 Shares acquired by Posillipo Ventures, Inc., a limited liability company of which the reporting person is a managing member.
F4 On February 25, 2022, the Reporting Person was granted 18,450 restricted stock units which vest 25% on April 1, 2022, 25% on July 1, 2022, 25% on October 1, 2022, and 25% on January 1, 2023 subject to the Reporting Person's continued service as a director of the Issuer.