Priority Incentive Equity Holdings, LLC 4
4 · Priority Technology Holdings, Inc. · Filed Nov 19, 2019
Insider Transaction Report
Form 4
Priore Thomas Charles
DirectorPresident, CEO and Chairman10% Owner
Transactions
- Gift
Common Stock
2019-11-15−12,500,000→ 33,613,250 total - Gift
Common Stock
2019-11-15+12,500,000→ 13,120,810 total(indirect: footnote)
Footnotes (2)
- [F1]On November 15, 2019, the reporting person contributed 2,500,000 shares of PRTH common stock to Lori A. Priore, the reporting person's spouse, and Bertrand H. Smyers, in their capacity as trustees of the Thomas C. Priore Irrevocable Insurance Trust u/a/d 1/8/2010, for the benefit of his spouse and his children. On November 15, 2019, the reporting person also contributed 10,000,000 shares of PRTH common stock to Lori A. Priore, in her capacity as trustee of the Thomas Priore 2019 GRAT, for the benefit of his spouse and his children.
- [F2]Includes 620,810 shares held directly by Priority Incentive Equity Holdings, LLC. Thomas Priore is the managing member of Priority Investment Holdings LLC, which is the non-member manager of Priority Incentive Equity Holdings, LLC, as well as the 2,500,000 shares held by the Thomas C. Priore Irrevocable Insurance Trust u/a/d 1/8/2010 and 10,000,000 shares held by the Thomas Priore 2019 GRAT as noted above. Thomas Priore disclaims beneficial ownership of the securities held by Priority Incentive Equity Holdings, LLC except to the extent of his pecuniary interest therein, if any.