USA TECHNOLOGIES INC 4
4 · USA TECHNOLOGIES INC · Filed Jul 23, 2015
Insider Transaction Report
Form 4
Reilly William J. Jr.
Director
Transactions
- Purchase
Series A Convertible Preferred Stock
2015-02-19$19.00/sh+500$9,500→ 500 total→ Common Stock (97 underlying) - Award
Common Stock
2015-07-21$2.70/sh+3,704$10,001→ 56,295 total
Holdings
- 100(indirect: By Children)
Common Stock
- 20,000
Non-Qualified Stock Option (Right to Buy)
Exercise: $2.05Exp: 2021-06-18→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]Represents shares of common stock issued by the Company to Mr. Reilly for director fees attributable to the quarter ended June 30, 2015.
- [F2]As of June 30, 2014, each share of series A convertible preferred stock was convertible into 0.1940 of a share of common stock at the option of the holder and is subject to further adjustment as provided in the Articles of Incorporation. The shares do not have an expiration date.
- [F3]The options vest as follows: 6,667 on 6/18/15; 6,667 on 6/18/16; and 6,666 on 6/18/17.