DEMEDIO DAVID M 4
4 · USA TECHNOLOGIES INC · Filed Oct 29, 2012
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Common Stock
2012-10-26$1.67/sh−2,550$4,259→ 143,685 total
Holdings
- 2,333
Non-Qualified Stock Option (Right to Buy)
Exercise: $7.50→ Common Stock (2,333 underlying)
Footnotes (2)
- [F1]Represents a portion of the shares issued to Mr. DeMedio in connection with the execution of the Fourth Amendment to his Employment and Non-Competition Agreement dated April 14, 2011, that were cancelled in order to satisfy tax withholding obligations.
- [F2]The Options are exercisable at any time within five years following the date of vesting. The Options vested on 6/30/08.