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USA TECHNOLOGIES INC · Jan 3, 3:23 PM ET

USA TECHNOLOGIES INC 4

4 · USA TECHNOLOGIES INC · Filed Jan 3, 2011

Insider Transaction Report

Form 4
Period: 2010-12-31
USA TECHNOLOGIES INCUSAT
JENSEN GEORGE R JR
DirectorCEO
Transactions
  • Gift

    Series A Convertible Preferred Stock

    2010-12-31−5,000→ 35,000 total
    From: 2008-10-10→ Common Stock
Holdings

  • Common Stock

    97,258

  • Common Stock

    (indirect: By Spouse)
    2,000

  • Warrants

    Exercise: $2.20From: 2010-01-01Exp: 2011-12-31→ Common Stock (15,000 underlying)
    15,000

  • Common Stock

    (indirect: By Trust)
    35,429

  • Non-Qualified Stock Option (Right to Buy)

    Exercise: $7.50→ Common Stock (75,000 underlying)
    75,000
Footnotes (3)
  • [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]Represents 5,000 shares of preferred stock gifted to his son, Burton.
  • [F3]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

1 file
  • 4
    doc1.xmlPrimary

    FORM 4