Form 4 for RPAY Repay Holdings Corp

Accepted 2023-03-21 00:00:00 ET · period of report 2023-03-19 · accession 0001209191-23-020322 · 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
D	2023-03-21	2023-03-19	RPAY	Dempsey Tyler B	GC	A - Grant	$0.00	+77.5K	263.2K	+42%	$0
D	2023-03-21	2023-03-19	RPAY	Dempsey Tyler B	GC	A - Grant	$0.00	+191.5K	191.5K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2023-03-19	A	A	77,488	$0.00	263,216	D	—	—
2	Derivative	Stock Option (right to buy)	2023-03-19	A	A	191,470	$0.00	191,470	D	$6.13 · — to 2030-03-18	191,470 Class A Common Stock	(F2) Represents a grant of a stock option to acquire Class A common stock of the Issuer that vests and becomes exercisable in three separate tranches as follows: (a) 31% shall vest and become exercisable on the later of (i) March 19, 2024 and (ii) the date on which the closing price per share of Class A common stock has equaled or exceeded $10.00 for any consecutive 20 day trading period ending on or prior to March 18, 2028; (b) 32% shall vest and become exercisable on the later of (i) March 19, 2025 and (ii) the date on which the closing price per share of Class A common stock has equaled or exceeded $14.50 for any consecutive 20 day trading period ending on or prior to March 18, 2028; and (c) 37% shall vest and become exercisable on the later of (i) March 19, 2026 and (ii) the date on which the closing price per share of Class A common stock has equaled or exceeded $19.54 for any consecutive 20 day trading period ending on or prior to March 18, 2028.