Filing Details
- Accession Number:
- 0001653558-20-000153
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-09-09 17:23:16
- Reporting Period:
- 2020-09-04
- Accepted Time:
- 2020-09-09 17:23:16
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1653558 | Priority Technology Holdings Inc. | PRTH | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1258940 | Michael Passilla | C/O Priority Technology Holdings, Inc. 2001 Westside Parkway, Suite 155 Alpharetta GA 30004 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2020-09-04 | 19,921 | $2.45 | 19,921 | No | 4 | P | Indirect | see footnote |
Common Stock | Acquisiton | 2020-09-08 | 17,738 | $2.49 | 37,659 | No | 4 | P | Indirect | see footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | see footnote |
No | 4 | P | Indirect | see footnote |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 26,596 | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Unit | $0.00 | 26,596 | 26,596 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
26,596 | 26,596 | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $2.31 to $2.50, inclusive. The reporting person undertakes to provide to Priority Technology Holdings, Inc., any security holder of Priority Technology Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- Shares acquired by Posillipo Ventures, Inc., a limited liability company of which the Reporting Person is managing member.
- The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $2.395 to $2.50, inclusive. The reporting person undertakes to provide to Priority Technology Holdings, Inc., any security holder of Priority Technology Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock (PRTH).
- On April 1, 2020, the Reporting Person was granted 53,192 restricted stock units which vest 25% on April 1, 2020, 25% on July 1, 2020, 25% on October 1, 2020, and 25% on January 1, 2021 subject to the Reporting Person's continued service as a director of the Issuer.