USA TECHNOLOGIES INC 4
4 · USA TECHNOLOGIES INC · Filed Jul 5, 2017
Insider Transaction Report
Form 4
Reilly William J. Jr.
Director
Transactions
- Award
Common Stock
2017-07-01+16,364→ 102,887 total
Holdings
- 500
Series A Convertible Preferred Stock
→ Common Stock (97 underlying) - 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]The shares vest ratably over a period of twenty-four (24) months, starting August 1, 2017.
- [F2]As of April 25, 2016, 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 vested as follows: 6,667 on 6/18/15; 6,667 on 6/18/16; and 6,666 on 6/18/17.