MOSCHNER ALBIN F 4
4 · USA TECHNOLOGIES INC · Filed Feb 14, 2018
Insider Transaction Report
Form 4
MOSCHNER ALBIN F
Director
Transactions
- Exercise of In-Money
Common Stock
2018-02-14$2.05/sh+20,000$41,000→ 20,000 total(indirect: By LLC) - Exercise of In-Money
Non-Qualified Stock Option (Right to Buy)
2018-02-14−20,000→ 0 total(indirect: By LLC)Exercise: $2.05Exp: 2021-06-18→ Common Stock (20,000 underlying)
Holdings
- 340,080
Common Stock
- 4,000
Series A Convertible Preferred Stock
→ Common Stock (291 underlying)
Footnotes (3)
- [F1]Represents shares of common stock issued to the Moschner Family LLC upon exercise of Non-Qualified Stock Options at the price of $2.05 per share.
- [F2]As of June 30, 2017, 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.