4//SEC Filing
USA TECHNOLOGIES INC 4
Accession 0001140361-11-000124
$CTLPCIK 0000896429operating
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 3:23 PM ET
Size
10.5 KB
Accession
0001140361-11-000124
Insider Transaction Report
Form 4
JENSEN GEORGE R JR
DirectorCEO
Transactions
- Gift
Series A Convertible Preferred Stock
2010-12-31−5,000→ 35,000 totalFrom: 2008-10-10→ Common Stock
Holdings
- 97,258
Common Stock
- 2,000(indirect: By Spouse)
Common Stock
- 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)
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
Issuer
USA TECHNOLOGIES INC
CIK 0000896429
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000896429
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 3:23 PM ET
- Size
- 10.5 KB