DE LARDEMELLE CHARLES 4
4 · NET 1 UEPS TECHNOLOGIES INC · Filed Mar 26, 2020
Insider Transaction Report
Form 4
International Value Advisers, LLC
10% Owner
Transactions
- Sale
Common Stock
2020-03-24$3.02/sh−47,172$142,459→ 194,472 total(indirect: See Footnotes) - Sale
Common Stock
2020-03-25$3.31/sh−18,195$60,225→ 2,262,904 total(indirect: See Footnotes)
Footnotes (4)
- [F1]Shares of the common stock (the "Shares") of Net 1 UEPS Technologies Inc. ("the Issuer") held directly by IVA Overseas Master Fund, L.P. ("IVA Overseas"). International Value Advisers ("IVA") serves as the investment adviser to IVA Overseas and is the managing member of IVA Overseas's general partner.
- [F2]Shares of the Issuer held directly by IVA International Fund, a series of IVA Fiduciary Trust ("IVA International). IVA serves as investment adviser to IVA International.
- [F3]IVA as the managing member of IVA Overseas's general partner may be deemed to have an indirect pecuniary interest in the general partner's proportionate interest in the Shares of the Issuer.
- [F4]Charles de Vaulx and Chuck de Lardemelle, as co-Chief Investment Officers and managing members of IVA, may be deemed to have an indirect pecuniary interest in their proportionate interest in the Shares of the Issuer owned directly by IVA Overseas and IVA International. Each of IVA, Mr. de Vaulx and Mr. de Lardemelle disclaims Section 16 beneficial ownership of the Shares of the Issuer held directly by IVA Overseas and IVA International.