Bullboard - Stock Discussion Forum Payfare Inc. T.PAY

Alternate Symbol(s): PYFRF

Payfare Inc. is a Canada-based global financial technology company providing digital banking and instant payment solutions for the gig workforce. The Company partners with platforms and marketplaces, such as Uber, Lyft and DoorDash, to provide financial health for their workforce. The Company operates in two principal geographical areas: Canada and United States. It provides services to gig... see more

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TSX:PAY - Post Discussion

Payfare Inc. > Options at $12.38 - I like it!

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Post by jrmktxplr2015 on Sep 07, 2021 2:11pm

Options at $12.38 - I like it!

Payfare grants options to buy 345,000 shares

2021-09-07 12:20 ET - News Release

Ms. Lindsey Abshire reports

PAYFARE ANNOUNCES GRANT OF OPTIONS AND RESTRICTED SHARE UNITS

Payfare Inc. has granted an aggregate of 35,000 restricted share units (RSUs) and 345,000 stock options (options) to certain officers and employees of the company in accordance with the company's incentive compensation plan.

All RSUs issued to officers and employees of the company will fully vest on Nov. 15, 2022.

The options will be exercisable at an exercise price of $12.38 per Class A common share of the company until Nov. 15, 2025, subject to 20 per cent of the options vesting on each of Nov. 15, 2021, May 15, 2022, Aug. 15, 2022, Nov. 15, 2022, and March 15, 2023.

About Payfare Inc.

Payfare is a global financial technology company powering digital banking and instant payment solutions for today's gig work force. Payfare partners with leading platforms and marketplaces, such as Uber, Lyft and DoorDash, to provide financial health for their work force.

We seek Safe Harbor.

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