Soma Nitin 4
4 · NET 1 UEPS TECHNOLOGIES INC · Filed Jul 2, 2019
Insider Transaction Report
Form 4
Soma Nitin
Senior VP IT
Transactions
- Disposition to Issuer
Common Stock
2019-06-30−15,000→ 60,000 total - Disposition to Issuer
Common Stock
2019-06-30−30,000→ 30,000 total
Footnotes (3)
- [F1]Represents forfeiture of restricted stock in connection with Mr. Soma's resignation, as vesting was subject to Mr. Soma's on-going services to the Company through August 23, 2020.
- [F2]Represents forfeiture of restricted stock in connection with Mr. Soma's resignation, as vesting was subject to: (a) Mr. Soma's employment by the Company on a full-time basis when the condition in (b) is met; and (b) the price of the Company's shares equal or exceed certain stock price levels during a specific measurement period.
- [F3]Represents forfeiture of restricted stock in connection with Mr. Soma's resignation, as vesting was subject to: (a) Mr. Soma's employment by the Company on a full-time basis when the condition in (b) is met; and (b) the trading price the Company's shares equal or exceed certain agreed certain stock price levels during a measurement period commencing on the date that the Company files its Annual Report on Form 10-K for the fiscal year ended 2021 and ending on December 31, 2021.