Form 4 for LSAK LESAKA TECHNOLOGIES INC
Accepted 2021-07-13 00:00:00 ET · period of report 2021-07-01 · accession 0001062993-21-006496 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2021-07-13 | 2021-07-01+ | LSAK | Meyer Christopher G.B. | CEO, Dir | A - Grant | $0.00 | +234.6K | 234.6K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-01 | A | A | 117,304 | $0.00 | 117,304 | D | — | — | (F1) Represents a grant of restricted stock approved by the remuneration committee of the Issuers board of directors pursuant to the Amended and Restated 2015 Stock Incentive Plan. Vesting is subject to the recipients continuous service through the applicable vesting date on June 30, 2024. |
| 2 | Common | Common Stock | 2021-07-02 | A | A | 58,652 | $0.00 | 175,956 | D | — | — | (F2) Represents a grant of restricted stock approved by the remuneration committee of the Issuers board of directors in accordance with Mr. Meyers June 30, 2021, employment agreement and pursuant to the Amended and Restated 2015 Stock Incentive Plan. Vesting is subject to the satisfaction of the following conditions: (1) the price of the Companys common stock is equal to or exceeds certain stock price levels during specific measurement period from June 30, 2021, to June 30, 2024, and (2) the recipient is employed by the Company on a full-time basis when the condition in (1) is met. If both of these conditions are not satisfied, then none of the shares of restricted stock will vest and they will be forfeited. |
| 3 | Common | Common Stock | 2021-07-02 | A | A | 58,652 | $0.00 | 234,608 | D | — | — | (F3) Represents a grant of restricted stock approved by the remuneration committee of the Issuers board of directors in accordance with Mr. Meyers June 30, 2021, employment agreement and pursuant to the Amended and Restated 2015 Stock Incentive Plan. Vesting is subject to the satisfaction of the following conditions: (1) achieving the Companys three year financial services plan during the specific measurement period from June 30, 2021, to June 30, 2024, and (2) the recipient is employed by the Company on a full-time basis when the condition in (1) is met. If both of these conditions are not satisfied, then none of the shares of restricted stock will vest and they will be forfeited. |