Mazanderani Ali 4
4 · LESAKA TECHNOLOGIES INC · Filed Dec 6, 2023
Insider Transaction Report
Form 4
Mazanderani Ali
DirectorExecutive Chairman
Transactions
- Award
Employee stock option (right to buy)
2023-12-04+500,000→ 500,000 totalExercise: $3.50Exp: 2029-01-31→ Common stock (500,000 underlying)
Footnotes (1)
- [F1]The stock options will vest on the first anniversary of the grant date, provided that the recipient provides continuous service on the Issuer's board of directors through February 1, 2024 and continuous service as Executive Chairman from February 1, 2024 through December 4, 2024. The stock options will vest immediately if the recipient's employment is terminated by the Issuer without cause on or before the first anniversary of the grant date. The stock options may only be exercised during a period commencing from January 31, 2028 to January 31, 2029.