InsiderTrades

Form 4 for LSAK LESAKA TECHNOLOGIES INC

Accepted 2021-12-09 00:00:00 ET · period of report 2021-12-07 · accession 0001062993-21-012535 · 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 2021-12-09 2021-12-07+ LSAK Mali Lincoln Camagu CEO: South Africa P - Purchase $5.44 +6,512 267.7K +2% +$35.4K
M 2021-12-09 2021-12-07+ LSAK Mali Lincoln Camagu CEO: South Africa A - Grant $0.00 +9,812 266.1K +4% $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock 2021-12-07 P A 6,506 $5.44 257,902 D — — (F1) The underlying transactions are denominated in South African rand (ZAR) and were executed on the JSE Limited. The amount reported in United States dollars is based on the exchange rate in effect on the date of the transactions. Purchase prices for the transactions reported here range from ZAR 83.5 to ZAR 87.0 on December 7, 2021, and the purchase price on December 8, 2021, was ZAR 87.0 per share. Full information regarding the number of shares purchased at each separate price will be provided to the SEC, the issuer or its shareholders upon request.
2 Common Common Stock 2021-12-08 A A 2 $0.00 267,720 D — — (F3) Pursuant to the terms of the Matching Arrangement, the reporting person elected to receive these shares of the Issuers shares of common stock following his purchase. The shares vested on the date of grant.
3 Common Common Stock 2021-12-08 A A 8 $0.00 267,718 D — — (F2) Represents a grant of restricted stock approved by the remuneration committee of the Issuers board of directors in accordance with Mr. Malis February 5, 2021, employment agreement and pursuant to the Amended and Restated 2015 Stock Incentive Plan. The Issuer has agreed to match the reporting persons purchase of shares of its common stock up to an amount of ZAR 6.25 million (Matching Arrangement). Under the terms of the Matching Arrangement, the Issuer granted these shares of restricted stock to the reporting person following this purchase, and the awards vest ratably over a period of three years commencing on the first anniversary of the grant of the award and are also subject to the reporting persons employment with the Issuer on a full-time basis on the applicable vesting date. If both of these conditions are not satisfied, then none of the shares of restricted stock will vest and they will be forfeited.
4 Common Common Stock 2021-12-07 A A 1,648 $0.00 267,704 D — — (F3) Pursuant to the terms of the Matching Arrangement, the reporting person elected to receive these shares of the Issuers shares of common stock following his purchase. The shares vested on the date of grant.
5 Common Common Stock 2021-12-07 A A 8,154 $0.00 266,056 D — — (F2) Represents a grant of restricted stock approved by the remuneration committee of the Issuers board of directors in accordance with Mr. Malis February 5, 2021, employment agreement and pursuant to the Amended and Restated 2015 Stock Incentive Plan. The Issuer has agreed to match the reporting persons purchase of shares of its common stock up to an amount of ZAR 6.25 million (Matching Arrangement). Under the terms of the Matching Arrangement, the Issuer granted these shares of restricted stock to the reporting person following this purchase, and the awards vest ratably over a period of three years commencing on the first anniversary of the grant of the award and are also subject to the reporting persons employment with the Issuer on a full-time basis on the applicable vesting date. If both of these conditions are not satisfied, then none of the shares of restricted stock will vest and they will be forfeited.
6 Common Common Stock 2021-12-08 P A 6 $5.51 267,710 D — — (F1) The underlying transactions are denominated in South African rand (ZAR) and were executed on the JSE Limited. The amount reported in United States dollars is based on the exchange rate in effect on the date of the transactions. Purchase prices for the transactions reported here range from ZAR 83.5 to ZAR 87.0 on December 7, 2021, and the purchase price on December 8, 2021, was ZAR 87.0 per share. Full information regarding the number of shares purchased at each separate price will be provided to the SEC, the issuer or its shareholders upon request.