Pillay Nunthakumarin 4
4 · NET 1 UEPS TECHNOLOGIES INC · Filed Aug 25, 2017
Insider Transaction Report
Form 4
Pillay Nunthakumarin
Managing Dir.: Southern Africa
Transactions
- Award
Common Stock
2017-08-23+15,000→ 44,226 total - Award
Common Stock
2017-08-23+30,000→ 74,226 total
Footnotes (2)
- [F1]Represents a grant of restricted stock which will vest on August 23, 2020, provided the recipient is an employee on such date.
- [F2]Represents a grant of restricted stock approved by the remuneration committee of the Issuer's board of directors pursuant to the Amended and Restated 2015 Stock Incentive Plan. Vesting is subject to the satisfaction of the following conditions: (1) the price of the Company's common stock is equal to or exceeds certain stock price levels during a specific measurement period and (2) the recipient is employed by the Company on a full-time basis when the condition in (1) is met. If both of these conditions are not satisfied, then none of the shares of restricted stock will vest and they will be forfeited.