BELL ERIC CHRISTOPHER 4
4 · Paya Holdings Inc. · Filed Feb 24, 2023
Insider Transaction Report
Form 4
BELL ERIC CHRISTOPHER
Chief Accounting Officer
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2023-02-22−35,000→ 0 totalExercise: $1373.00Exp: 2030-12-22→ Common Stock (35,000 underlying) - Disposition from Tender
Common Stock
2023-02-22$9.75/sh−13,538$131,996→ 0 total - Disposition to Issuer
Common Stock
2023-02-22−64,265→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2023-02-22−28,571→ 0 totalExercise: $5.12Exp: 2032-03-16→ Common Stock (28,571 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of January 8, 2023, by and among Paya Holdings Inc., Nuvei Corporation, a corporation incorporated pursuant to the laws of Canada and Pinnacle Merger Sub, Inc.
- [F2]Each of the Issuer's RSU outstanding and vested as of immediately prior to the Effective Time, was cancelled and converted into the right to receive a lump sum cash payment. Any RSUs that were outstanding and unvested as of immediately prior to the Effective Time were converted into a restricted stock unit award.
- [F3]Each of the Issuer's Options outstanding and vested as of Effective Time and had an exercise price less than $9.75 per Share was cancelled and converted into the right to receive a lump sum cash payment. The Option that was outstanding and unvested as of immediately prior to the Effective Time and that had an exercise price less than the Offer Price was converted into an option to purchase a number of subordinate voting shares of Parent.