Jeffery Bradford Baker - Feb 28, 2025 Form 4 Insider Report for Paysign, Inc. (PAYS)

Role: Chief Financial Officer
Signature: /s/ Jeffery B. Baker
Stock symbol: PAYS
Transactions as of: Feb 28, 2025
Transactions value $: -$69,403
Form type: 4
Date filed: 3/5/2025, 04:02 PM
Previous filing: Aug 6, 2024
Next filing: Sep 26, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PAYS	Common Stock	Options Exercise	$0	+60K	+32.07%	$0.00	247K	Feb 28, 2025	Direct	F1
transaction	PAYS	Common Stock	Sale	-$69.4K	-28.4K	-11.49%	$2.44	219K	Mar 3, 2025	Direct	F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PAYS	Stock Grant	Options Exercise	$0	-60K	-50%	$0.00	60K	Feb 28, 2025	Common Stock	60K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	One-fifth of the restricted stock shall vest annually on each anniversary of the February 28, 2021 vesting commencement date until fully vested on February 28, 2026.
F2	These shares of common stock were sold to satisfy certain tax withholding obligations associated with the vesting of restricted stock.
F3	The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.3901 to $2.5301, inclusive. The reporting person undertakes to provide to Paysign, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.