USA TECHNOLOGIES INC 4
4 · USA TECHNOLOGIES INC · Filed Aug 4, 2015
Insider Transaction Report
Form 4
Reilly William J. Jr.
Director
Transactions
- Award
Common Stock
2015-08-01+11,834→ 68,129 total
Holdings
- 100(indirect: By Children)
Common Stock
- 500
Series A Convertible Preferred Stock
→ Common Stock (97 underlying) - 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 as follows: 3,945 on 8/1/16, 3,945 on 8/1/17, and 3,944 on 8/1/18.
- [F2]As of June 30, 2014, 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 vest as follows: 6,667 on 6/18/15; 6,667 on 6/18/16; and 6,666 on 6/18/17.