Sec Form 4 Filing - Meyer Christopher G.B. @ NET 1 UEPS TECHNOLOGIES INC - 2021-11-11

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Meyer Christopher G.B. 2. Issuer Name and Ticker or Trading Symbol NET 1 UEPS TECHNOLOGIES INC [ UEPS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Group Chief Executive Officer (Last) (First) (Middle) PRESIDENT PLACE, 4TH FLOOR, CNR. JAN SMUTS AVENUE AND BOLTON ROAD 3. Date of Earliest Transaction (MM/DD/YY) 11/11/2021 (Street) JOHANNESBURG, FC, T3 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 11/11/2021 P 3,514 A $ 5.68 3,514 I( 1 ) Family Trust( 1 ) Common Stock 11/11/2021 A 4,735( 2 ) A $ 0 239,343 D Common Stock 11/11/2021 A 2,213( 3 ) A $ 0 241,556 D Common Stock 11/12/2021 P 4,000 A $ 5.4 7,514 I( 1 ) Family Trust( 1 ) Common Stock 11/12/2021 A 5,118( 2 ) A $ 0 246,674 D Common Stock 11/12/2021 A 2,033( 3 ) A $ 0 248,707 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Meyer Christopher G.B. PRESIDENT PLACE, 4TH FLOOR CNR. JAN SMUTS AVENUE AND BOLTON ROAD JOHANNESBURG, FC, T3 X Group Chief Executive Officer Signatures /s/ Chris G.B. Meyer 11/15/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )A trust, settled by a relative of the reporting person and of which the reporting person is a discretionary beneficiary, acquired the common stock. The trust beneficially owns the common stock. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. ( 2 )Represents a grant of restricted stock approved by the remuneration committee of the Issuer's board of directors in accordance with Mr. Meyer???s June 30, 2021, employment agreement and pursuant to the Amended and Restated 2015 Stock Incentive Plan. The Issuer has agreed to match The reporting person???s purchase of shares of our common stock up to an amount of $1.0 million (Matching Arrangement). Under the terms of the Matching Arrangement, the Issuer granted these shares of restricted stock to the reporting person following this purchase, and the awards vest ratably over a period of three years commencing on the first anniversary of the grant of the award and are also subject to The reporting person???s employment with the Company on a full-time basis on the applicable vesting date. If both of these conditions are not satisfied, then none of the shares of restricted stock will vest and they will be forfeited. ( 3 )Pursuant to the terms of the Matching Arrangement, the reporting person elected to receive these shares of the Issuers shares of common stock following his purchase. The shares vested on the date of grant.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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