SEC Form 4 · accession 0001062993-17-001076
LESAKA TECHNOLOGIES INC · LSAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nitin Soma
Officer — Vice President, Info Tech
Period of report
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 4:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001041514
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 21, 2017 | M | 1,402 | $7.35 | A | 56,063 | D | |
| Common StockF1,F2 | Feb 21, 2017 | S | 12,623 | $12.87 | D | 43,440 | D | |
| Common StockF3,F4 | Feb 22, 2017 | S | 7,112 | $12.84 | D | 36,328 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F5 | $7.35 | Feb 21, 2017 | M | 1,402 | D | — | Aug 21, 2023 | Common Stock | 1,402 | 0 | D |
Explanation of responses
- F1Includes 11,222 shares of issuer common stock which represents part of a grant of restricted stock, one-third of which vested on each of the first, second and third anniversaries of the grant date, February 8, 2012, provided the recipient was an employee on such dates.
- F2Sale prices for the transactions reported here range from $12.82 to $13.04. Full information regarding the number of shares sold at each separate price will be provided to the SEC, the issuer or its shareholders upon request.
- F3Represents part of a grant of restricted stock, one-third of which vested on each of the first, second and third anniversaries of the grant date, February 8, 2012, provided the recipient was an employee on such dates.
- F4Sale prices for the transactions reported here range from $12.82 to $12.87. Full information regarding the number of shares sold at each separate price will be provided to the SEC, the issuer or its shareholders upon request.
- F5The options became exercisable in three equal annual installments commencing on August 21, 2014.