Home/Filings/4/0001062993-15-004750
4//SEC Filing

NET 1 UEPS TECHNOLOGIES INC 4

Accession 0001062993-15-004750

$LSAKCIK 0001041514operating

Filed

Aug 20, 8:00 PM ET

Accepted

Aug 21, 4:30 PM ET

Size

5.3 KB

Accession

0001062993-15-004750

Insider Transaction Report

Form 4
Period: 2015-08-19
Kotze Herman
DirectorChief Financial Officer
Transactions
  • Award

    Common Stock

    2015-08-19+39,762138,940 total
Footnotes (1)
  • [F1]Represents a grant of restricted stock. Vesting is subject to: (A) recipient's employment with the Company through to the date it files its 2018 Form 10-K; (B) if that condition is satisfied, then the shares will vest based on the level of Fundamental EPS the Company achieves for fiscal 2018 ("2018 FEPS"), as follows: (i) one-third if the Company achieves 2018 FEPS of $2.88; (ii) two-thirds if the Company achieves 2018 FEPS of $3.30; and (iii) all of the shares if the Company achieves 2018 FEPS of $3.76. At levels of 2018 FEPS greater than $2.88 and less than $3.76, the number of shares that will vest will be determined by linear interpolation relative to 2018 FEPS of $3.30. Any shares that do not vest in accordance with the above-described conditions will be forfeited.

Issuer

NET 1 UEPS TECHNOLOGIES INC

CIK 0001041514

Entity typeoperating
IncorporatedFL

Related Parties

1
  • filerCIK 0001041514

Filing Metadata

Form type
4
Filed
Aug 20, 8:00 PM ET
Accepted
Aug 21, 4:30 PM ET
Size
5.3 KB