4//SEC Filing
USA TECHNOLOGIES INC 4
Accession 0001140361-10-040524
$CTLPCIK 0000896429operating
Filed
Oct 7, 8:00 PM ET
Accepted
Oct 8, 11:21 AM ET
Size
14.6 KB
Accession
0001140361-10-040524
Insider Transaction Report
Form 4
JENSEN GEORGE R JR
DirectorCEO
Transactions
- Purchase
Common Stock
2010-10-08$1.16/sh+3,000$3,480→ 142,518 total - Gift
Series A Convertible Preferred Stock
2010-10-08$13.43/sh−5,000$67,150→ 40,000 totalFrom: 2008-10-10→ Common Stock - Award
Common Stock
2010-10-07+60,716→ 139,518 total - Gift
Common Stock
2010-10-08$1.16/sh−60,000$69,600→ 82,518 total
Holdings
- 15,000
Warrants
Exercise: $2.20From: 2010-01-01Exp: 2011-12-31→ Common Stock (15,000 underlying) - 35,429(indirect: By Trust)
Common Stock
- 75,000
Non-Qualified Stock Option (Right to Buy)
Exercise: $7.50→ Common Stock (75,000 underlying) - 2,000(indirect: By Spouse)
Common Stock
Footnotes (5)
- [F1]Represents shares earned by Mr. Jensen under the Long-term Equity Incentive Program on account of the 2010 fiscal year.
- [F2]Represents 30,000 shares of common stock gifted to each of his sons, Ronald and Burton.
- [F3]Each share of Series A Convertible Preferred Stock is convertible into a hundredth of a share of Common Stock, and does not have an expiration date.
- [F4]Represents 2,500 shares of preferred stock gifted to each of his sons, Ronald and Burton.
- [F5]The options may be excercised at any time within five years of vesting. The options vested as follows: 25,000 on 5/11/06, 25,000 on 6/30/07 and 25,000 on 6/30/08.
Documents
Issuer
USA TECHNOLOGIES INC
CIK 0000896429
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000896429
Filing Metadata
- Form type
- 4
- Filed
- Oct 7, 8:00 PM ET
- Accepted
- Oct 8, 11:21 AM ET
- Size
- 14.6 KB