SEC Form 4 · accession 0001062993-17-004217
LESAKA TECHNOLOGIES INC · LSAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Edwards
Director
Period of report
Sep 20, 2017
Accepted (ET)
Sep 22, 2017 · 4:45 pm EDT
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 StockF1,F2 | Sep 20, 2017 | S | 5,000 | $10.18 | D | 19,822 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The common stock sold includes 1,168 shares which were part of an original grant of 3,502 restricted shares (ii) 2,993 shares which were part of an original grant of 4,489 restricted shares and (iii) 839 shares which were part of an original grant of 10,000 restricted shares. Each of the aforementioned restricted shares was originally set to vest over a three-year period. After the end of fiscal 2017, the board amended the terms of the outstanding awards to vest immediately. As a result of this amendment, all shares held at June 30, 2017 were fully-vested.
- F2Sale prices for the transactions reported here range from $10.16 to $10.20. 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.