Scott Galit - 23 Dec 2021 Form 4 Insider Report for Payoneer Global Inc. (PAYO)

Signature
/s/ Scott Galit
Issuer symbol
PAYO
Transactions as of
23 Dec 2021
Transactions value $
-$662,525
Form type
4
Filing time
28 Dec 2021, 15:26:57 UTC
Previous filing
13 Sep 2021
Next filing
02 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYO Common Stock Tax liability -$663K -103K -8% $6.46 1.18M 23 Dec 2021 Direct F1
holding PAYO Common Stock 1.56M 23 Dec 2021 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of Restricted Stock Units.
F2 Reflects shares of Common Stock held of record by the Galit 2021 Trust (the "Galit Trust"). Members of the Reporting Person's immediate family are holders of the Galit Trust, and the Reporting Person may be deemed to exercise voting and investment power over such shares of Common Stock. The Reporting Person disclaims ownership of these shares of Common Stock except to the extent of his pecuniary interest therein.