USA TECHNOLOGIES INC 4
4 · USA TECHNOLOGIES INC · Filed Nov 17, 2010
Insider Transaction Report
Form 4
JENSEN GEORGE R JR
DirectorCEO
Transactions
- Purchase
Common Stock
2010-11-16$1.00/sh+8,000$8,000→ 97,258 total
Holdings
- 35,429(indirect: By Trust)
Common Stock
- 2,000(indirect: By Spouse)
Common Stock
- 40,000
Series A Convertible Preferred Stock
From: 2008-10-10→ Common Stock - 75,000
Non-Qualified Stock Option (Right to Buy)
Exercise: $7.50→ Common Stock (75,000 underlying) - 15,000
Warrants
Exercise: $2.20From: 2010-01-01Exp: 2011-12-31→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]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.
- [F2]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.