4//SEC Filing
Alias Shaler 4
Accession 0001209191-23-041584
CIK 0001720592other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 5:00 PM ET
Size
24.8 KB
Accession
0001209191-23-041584
Insider Transaction Report
Form 4
Alias Shaler
DirectorPresident
Transactions
- Exercise/Conversion
Class A Common Stock
2023-07-03+200,000→ 275,000 total(indirect: See footnote) - Sale
Class A Common Stock
2023-07-05$7.85/sh−200,000$1,570,000→ 75,000 total(indirect: See footnote) - Exercise/Conversion
Class A Common Stock
2023-07-06+143,486→ 218,486 total(indirect: See footnote) - Exercise/Conversion
Post-Merger Repay Units
2023-07-06−143,486→ 787,383 total(indirect: See footnote)→ Class A Common Stock (143,486 underlying) - Exercise/Conversion
Class A Common Stock
2023-07-05+200,000→ 275,000 total(indirect: See footnote) - Sale
Class A Common Stock
2023-07-06$7.55/sh−143,486$1,083,319→ 75,000 total(indirect: See footnote) - Sale
Class A Common Stock
2023-07-03$7.93/sh−200,000$1,586,000→ 75,000 total(indirect: See footnote) - Exercise/Conversion
Post-Merger Repay Units
2023-07-03−200,000→ 1,130,869 total(indirect: See footnote)→ Class A Common Stock (200,000 underlying) - Exercise/Conversion
Post-Merger Repay Units
2023-07-05−200,000→ 930,869 total(indirect: See footnote)→ Class A Common Stock (200,000 underlying)
Holdings
- 430,671
Class A Common Stock
- 145,085
Post-Merger Repay Units
→ Class A Common Stock (145,085 underlying)
Footnotes (5)
- [F1]Reflects an exchange of Post-Merger Repay Units (as defined below) on a one-for-one basis for shares of Class A common stock of Repay Holdings Corporation (the "Issuer") pursuant to the Exchange Agreement (as defined below).
- [F2]These securities are held directly by a limited liability company, of which Reporting Person owns all of the voting ownership interests and serves as the sole member of its board of directors.
- [F3]The transaction was pursuant to a Rule 10b5-1 plan adopted on March 7, 2023.
- [F4]The sales price indicated is a weighted average sales price. For 7/3/2023 sale, the corresponding shares were sold in multiple transactions at prices ranging from $7.71 to $8.04 inclusive. For 7/5/2023 sale, the corresponding shares were sold in multiple transactions at prices ranging from $7.77 to $7.94 inclusive. For 7/6/2023 sale, the corresponding shares were sold in multiple transactions at prices ranging from $7.50 to $7.69 inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within each of the ranges set forth.
- [F5]Represents non-voting limited liability company interests (the "Post-Merger Repay Units") in Hawk Parent Holdings, LLC ("Hawk Parent"). Pursuant to the terms of an exchange agreement (the "Exchange Agreement") among Hawk Parent, the Issuer and certain holders of the Post-Merger Repay Units, the Post-Merger Repay Units may be exchanged at the discretion of the holder for shares of Class A common stock of the Issuer on a one-for-one basis, or, at the option of the Issuer, cash. These exchange rights do not expire.
Documents
Issuer
Repay Holdings Corp
CIK 0001720592
Entity typeother
Related Parties
1- filerCIK 0001781998
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 5:00 PM ET
- Size
- 24.8 KB