Illes Steve Gabe 4
4 · USA TECHNOLOGIES INC · Filed Apr 3, 2012
Insider Transaction Report
Form 4
Illes Steve Gabe
Director
Transactions
- Award
Common Stock
2012-04-01+10,000→ 674,400 total
Holdings
- 12,687
Series A Convertible Preferred Stock
→ Common Stock (126 underlying) - 34,420
Warrants
Exercise: $1.13From: 2011-01-01Exp: 2013-12-31→ Common Stock (34,420 underlying)
Footnotes (2)
- [F1]10,000 shares were issued by the Company to Mr. Illes in his capacity as a non-employee director, and vest as follows: 3,333 on 4/1/12, 3,333 on 4/1/13, and 3,334 on 4/1/14, provided Mr. Illes is still a director of the Company on the applicable vesting date.
- [F2]Each of the 12,687 shares of Series A Convertible Preferred Stock owned by Mr. Illes is convertible into a hundredth of a share of Common Stock, and does not have an expiration date.