USA TECHNOLOGIES INC 4
4 · USA TECHNOLOGIES INC · Filed Jun 22, 2010
Insider Transaction Report
Form 4
JENSEN GEORGE R JR
DirectorCEO
Transactions
- Gift
Series A Convertible Preferred Stock
2010-06-22$9.00/sh−20,000$180,000→ 45,000 totalFrom: 2008-10-10→ Common Stock
Holdings
- 2,000(indirect: By Spouse)
Common Stock
- 75,000
Non-Qualified Stock Option (Right to Buy)
Exercise: $7.50→ Common Stock (75,000 underlying) - 35,429(indirect: By Trust)
Common Stock
- 15,000
Warrants
Exercise: $2.20From: 2010-01-01Exp: 2011-12-31→ Common Stock (15,000 underlying) - 69,802
Common Stock
Footnotes (2)
- [F1]Each share of Series A Convertible Preferred Stock is convertible into a hundredth of a share of Common Stock, and does not have an expiration date.
- [F2]Represents 10,000 shares of preferred stock gifted to each of his sons, Ronald and Burton.