Priore Thomas Charles 4
4 · Priority Technology Holdings, Inc. · Filed Feb 28, 2023
Insider Transaction Report
Form 4
Priore Thomas Charles
DirectorPresident, CEO and Chairman10% Owner
Transactions
- Exercise/Conversion
Common Stock
2023-02-25+51,271→ 34,300,933 total - Exercise/Conversion
Restricted Stock Unit
2023-02-25−51,271→ 0 total→ Common Stock (51,271 underlying)
Holdings
- 12,500,000(indirect: see footnote)
Common Stock
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Includes 2,500,000 shares of PRTH common stock held by Lori A. Priore, the spouse of Thomas C. Priore, and Bernard 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 Lori A. Priore and the children of Thomas C. Priore and Lori A. Priore. Also includes 10,000,000 shares of PRTH common stock held by Lori A. Priore, the spouse of Thomas C. Priore, in her capacity as trustee of the Thomas Priore 2019 GRAT, for the benefit of Lori A. Priore and the children of Thomas C. Priore and Lori A. Priore.
- [F3]On February 25, 2021, the Reporting Person was granted 102,542 restricted stock units which vest 50% on February 25, 2022 and 50% on February 25, 2023 subject to the Reporting Person's continued service as a director of the Issuer.