4//SEC Filing
NET 1 UEPS TECHNOLOGIES INC 4
Accession 0001062993-16-011336
$LSAKCIK 0001041514operating
Filed
Aug 28, 8:00 PM ET
Accepted
Aug 29, 4:36 PM ET
Size
5.3 KB
Accession
0001062993-16-011336
Insider Transaction Report
Form 4
Kotze Herman
DirectorChief Financial Officer
Transactions
- Award
Common Stock
2016-08-25+150,000→ 288,940 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 2019 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 2019 ("2019 FEPS"), as follows: (i) one-third if the Company achieves 2019 FEPS of $2.60; (ii) two-thirds if the Company achieves 2019 FEPS of $2.80; and (iii) all of the shares if the Company achieves 2019 FEPS of $3.00. At levels of 2019 FEPS greater than $2.60 and less than $3.00, the number of shares that will vest will be determined by linear interpolation relative to 2019 FEPS of $3.00. 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 28, 8:00 PM ET
- Accepted
- Aug 29, 4:36 PM ET
- Size
- 5.3 KB