Smith Alexander Michael Ramsay 4
4 · NET 1 UEPS TECHNOLOGIES INC · Filed May 6, 2021
Insider Transaction Report
Form 4
Smith Alexander Michael Ramsay
DirectorChief Financial Officer
Transactions
- Award
Common Stock
2021-05-05+85,000→ 237,817 total
Footnotes (1)
- [F1]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 specific measurement periods from June 30, 2021, to June 30, 2024, 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.