Louis A. Hoch - 18 Nov 2021 Form 4 Insider Report for Usio, Inc. (USIO)

Role
President and CEO, Director, 10%+ Owner
Signature
Louis Hoch
Issuer symbol
USIO
Transactions as of
18 Nov 2021
Net transactions value
+$622,120
Form type
4
Filing time
22 Nov 2021, 15:53:23 UTC
Next filing
06 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USIO Common Stock Award $639,000 +100,000 +3.8% $6.39 2,712,825 18 Nov 2021 Direct F1
transaction USIO Common Stock Sale $16,880 -2,000 -0.07% $8.44 2,710,825 22 Nov 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction USIO Restricted Stock Units Award $0 +10,000 $0.000000 10,000 18 Nov 2021 Common Stock 10,000 $0.000000 Direct F3
transaction USIO Restricted Stock Units Award $0 +10,000 +100% $0.000000 20,000 18 Nov 2021 Common Stock 10,000 $0.000000 Direct F4
transaction USIO Restricted Stock Units Award $0 +10,000 +50% $0.000000 30,000 18 Nov 2021 Common Stock 10,000 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vests 11/18/2031 or change of control or per terms of employment agreement.
F2 This trade was effected pursuant to a 10(b)5-1 plan effective June 14, 2021.
F3 Restricted stock units vests 11/18/2022.
F4 Restricted stock units vests 11/18/2023.
F5 Restricted stock units vests 11/18/2024.