USA TECHNOLOGIES INC 4
4 · USA TECHNOLOGIES INC · Filed Jul 5, 2011
Insider Transaction Report
Form 4
LURIO DOUGLAS M
Director
Transactions
- Award
Common Stock
2011-06-30+10,000→ 23,904 total
Holdings
- 6,000
Stock Option (Right to Buy)
Exercise: $7.50→ Common Stock (6,000 underlying) - 6,874
Warrants
Exercise: $2.20From: 2010-01-01Exp: 2011-12-31→ Common Stock (6,874 underlying)
Footnotes (2)
- [F1]10,000 shares were issued by the Company to each non-employee Director as of 6/30/2011 and vest as follows: 3,333 on 6/30/11, 3,333 on 6/30/12, and 3,334 on 6/30/13, provided such person is still a director of the Company on the applicable vesting date.
- [F2]The options granted vest as follows: 3,000 on 4/1/07 and 3,000 on 4/1/08. The options are exercisable at any time within five years following the date of vesting.