4//SEC Filing
Mali Lincoln Camagu 4
Accession 0001062993-21-012896
CIK 0001041514other
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 4:05 PM ET
Size
9.1 KB
Accession
0001062993-21-012896
Insider Transaction Report
Form 4
Mali Lincoln Camagu
DirectorCEO: Southern Africa
Transactions
- Award
Common Stock
2021-12-13+31,283→ 323,009 total - Award
Common Stock
2021-12-13+7,277→ 330,286 total - Purchase
Common Stock
2021-12-13$5.63/sh+24,006$135,154→ 291,726 total
Footnotes (3)
- [F1]The underlying transactions are denominated in South African rand ("ZAR") and were executed on the JSE Limited. The amount reported in United States dollars is based on the exchange rate in effect on the date of the transactions. Purchase prices for the transactions reported here range from ZAR 88.53 to ZAR 90.0 on December 13, 2021. Full information regarding the number of shares purchased at each separate price will be provided to the SEC, the issuer or its shareholders upon request.
- [F2]Represents a grant of restricted stock approved by the remuneration committee of the Issuer's board of directors in accordance with Mr. Mali's February 5, 2021, employment agreement and pursuant to the Amended and Restated 2015 Stock Incentive Plan. The Issuer has agreed to match the reporting person's purchase of shares of its common stock up to an amount of ZAR 6.25 million ("Matching Arrangement"). Under the terms of the Matching Arrangement, the Issuer granted these shares of restricted stock to the reporting person following this purchase, and the awards vest ratably over a period of three years commencing on the first anniversary of the grant of the award and are also subject to the reporting person's employment with the Issuer on a full-time basis on the applicable vesting date. If both of these conditions are not satisfied, then none of the shares of restricted stock will vest and they will be forfeited.
- [F3]Pursuant to the terms of the Matching Arrangement, the reporting person elected to receive these shares of the Issuer's shares of common stock following his purchase. The shares vested on the date of grant.
Issuer
NET 1 UEPS TECHNOLOGIES INC
CIK 0001041514
Entity typeother
Related Parties
1- filerCIK 0001860296
Filing Metadata
- Form type
- 4
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 4:05 PM ET
- Size
- 9.1 KB