Reilly William J. Jr. 4
4 · USA TECHNOLOGIES INC · Filed Nov 22, 2019
Insider Transaction Report
Form 4
Reilly William J. Jr.
Director
Transactions
- Award
Common Stock
2019-10-16+13,216→ 129,445 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) - 500
Series A Convertible Preferred Stock
→ Common Stock (99 underlying)
Footnotes (3)
- [F1]The shares were to vest as follows: 6,608 shares on 10/16/19 and 6,608 shares on 10/16/20. On November 22, 2019, the vesting schedule was revised so that the shares vest as follows: 4,405 shares on 10/16/19 and 8,811 shares on 10/16/20.
- [F2]As of May 1, 2018, each share of series A convertible preferred stock was convertible into 0.1988 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.