0000950103-22-018407.txt : 20221026
0000950103-22-018407.hdr.sgml : 20221026
20221026214840
ACCESSION NUMBER: 0000950103-22-018407
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221025
FILED AS OF DATE: 20221026
DATE AS OF CHANGE: 20221026
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ronen Assaf
CENTRAL INDEX KEY: 0001863472
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40547
FILM NUMBER: 221334669
MAIL ADDRESS:
STREET 1: 234 1ST ST
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Payoneer Global Inc.
CENTRAL INDEX KEY: 0001845815
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 861778671
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 150 W 30TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10001
BUSINESS PHONE: 212-600-9272
MAIL ADDRESS:
STREET 1: 150 W 30TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10001
FORMER COMPANY:
FORMER CONFORMED NAME: New Starship Parent, Inc.
DATE OF NAME CHANGE: 20210211
4
1
dp183119_4-ronen.xml
FORM 4
X0306
4
2022-10-25
0
0001845815
Payoneer Global Inc.
PAYO
0001863472
Ronen Assaf
150 W 30TH ST
NEW YORK
NY
10001
0
1
0
0
Chief Platform Officer
Common Stock
2022-10-25
4
A
0
2250000
0
A
2250340
D
Common Stock
2022-10-25
4
A
0
600000
0
A
2850340
D
Represents shares of Common Stock underlying restricted stock units subject to time-based vesting, granted to the Reporting Person on October 25, 2022 in connection with the Reporting Person's appointment as Chief Platform Officer of the Issuer, under the Issuer's Omnibus Equity Incentive Plan. One-fourth of these restricted stock units will vest on September 19, 2023, and the remainder will vest ratably in approximately 1/16 installments of the total number of time-based restricted stock units on a quarterly basis thereafter, provided that the Reporting Person remains in continuous service on each applicable vesting date.
Represents the maximum amount of shares of Common Stock underlying restricted stock units that will vest upon the achievement of both a time-based vesting condition and a stock price based performance condition and that were granted to the Reporting Person on October 25, 2022 under the Issuer's Omnibus Equity Incentive Plan in connection with the Reporting Person's appointment as Chief Platform Officer of the Issuer. One-fourth of the Reporting Person's restricted stock units will satisfy the time-based vesting condition on September 19, 2023 and the remainder will satisfy the time-based vesting condition in 1/16 installments of the total number of restricted stock units on a quarterly basis thereafter, provided that the Reporting Person remains in continuous service on each applicable time-vesting date.
The stock price based performance condition will be determined to have been achieved with respect to (i) 300,000 restricted stock units upon the achievement of a target stock price of $15.00, and (ii) 300,000 restricted stock units upon the achievement of a target stock price of $20.00, with the target stock prices only deemed to have been achieved if the closing price of the Issuer's stock is at or above the applicable target stock price for a minimum of 20 out of 30 consecutive trading days occurring on or before October 1, 2027, subject to the Reporting Person remaining in continuous service through the achievement of each of the applicable target stock prices.
/s/ Assaf Ronen
2022-10-26