4//SEC Filing
USA TECHNOLOGIES INC 4
Accession 0001140361-16-081054
$CTLPCIK 0000896429operating
Filed
Sep 28, 8:00 PM ET
Accepted
Sep 29, 4:10 PM ET
Size
12.7 KB
Accession
0001140361-16-081054
Insider Transaction Report
Form 4
HERBERT STEPHEN P
DirectorCOO & President
Transactions
- Tax Payment
Common Stock
2016-09-27$4.82/sh−6,533$31,489→ 333,933 total - Gift
Common Stock
2016-09-29−14,545→ 319,388 total
Holdings
- 62,010(indirect: By Children)
Common Stock
- 27,440(indirect: By Spouse)
Common Stock
- 55,555
Qualified Stock Option (Right to Buy)
Exercise: $1.80From: 2015-09-01Exp: 2021-09-01→ Common Stock (55,555 underlying) - 20,080
Qualified Stock Option (Right to Buy) (Common Stock)
Exercise: $4.98Exp: 2023-08-31→ Common Stock (20,080 underlying) - 29,585
Qualified Stock Option (Right to Buy)
Exercise: $3.38From: 2016-08-01Exp: 2022-08-01→ Common Stock (29,585 underlying) - 150,000
Non-Qualified Stock Option (Right to Buy)
Exercise: $1.80Exp: 2021-09-01→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]Represents shares cancelled by Mr. Herbert in order to satisfy tax withholding obligations in connection with a prior stock award that became vested and taxable.
- [F2]The stock options vest on August 31, 2017.
- [F3]The stock options vested or vest as follows: 50,000 on 9/1/2015; 50,000 on 9/1/2016; and 50,000 on 9/1/2017.
Documents
Issuer
USA TECHNOLOGIES INC
CIK 0000896429
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000896429
Filing Metadata
- Form type
- 4
- Filed
- Sep 28, 8:00 PM ET
- Accepted
- Sep 29, 4:10 PM ET
- Size
- 12.7 KB