John Andrew Sr. Morris - Feb 12, 2025 Form 4 Insider Report for Repay Holdings Corp (RPAY)

Signature
/s/Timothy J. Murphy, as Attorney-in-Fact
Stock symbol
RPAY
Transactions as of
Feb 12, 2025
Transactions value $
-$207,690
Form type
4
Date filed
2/14/2025, 05:00 PM
Previous filing
May 10, 2024
Next filing
Feb 21, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RPAY Class A Common Stock Award $0 +93.9K +10.27% $0.00 1.01M Feb 12, 2025 Direct F1
transaction RPAY Class A Common Stock Tax liability -$208K -28.9K -2.87% $7.19 979K Feb 12, 2025 Direct F2
holding RPAY Class A Common Stock 1.03M Feb 12, 2025 See footnote F3
holding RPAY Class A Common Stock 90K Feb 12, 2025 See footnote F4
holding RPAY Class A Common Stock 15K Feb 12, 2025 See footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the issuance of Class A common stock of the Issuer that became earned and vested in respect of performance-based restricted stock units (the "PSUs") that related to a three year performance period that began on January 1, 2022 and ended on December 31, 2024. On February 12, 2025, the Issuer's Compensation Committee approved the applicable level of achievement of the PSU performance targets.
F2 Reflects shares of Class A common stock of the Issuer withheld to cover the Reporting Person's tax liability in connection with the vesting of the PSUs.
F3 These securities are held directly by a trust (the "Family Trust"), of which the Reporting Person's spouse is the trustee and the Reporting Person's spouse and descendants are the beneficiaries.
F4 These securities are held directly by a limited liability company, of which Reporting Person owns all of the voting ownership interests and serves as the sole member of its board of managers.
F5 These securities are held directly by a corporation, of which the Family Trust owns all of the voting shares and Reporting Person serves as the sole member of its board of directors.

Remarks:

The Reporting Person disclaims beneficial ownership of any securities reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.