Louis A. Hoch - 18 Nov 2022 Form 4 Insider Report for Usio, Inc. (USIO)

Role
Chairman, President and CEO, Director, 10%+ Owner
Signature
Louis Hoch
Issuer symbol
USIO
Transactions as of
18 Nov 2022
Net transactions value
+$14,253
Form type
4
Filing time
21 Nov 2022, 13:40:11 UTC
Previous filing
06 Oct 2022
Next filing
21 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USIO Common Stock Options Exercise $23,500 +10,000 +0.37% $2.35 2,694,591 18 Nov 2022 Direct F1
transaction USIO Common Stock Tax liability $9,247 -3,935 -0.15% $2.35 2,690,656 18 Nov 2022 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 Options Exercise $0 -10,000 -33% $0.000000 20,000 18 Nov 2022 Common Stock 10,000 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received these shares of common stock due to the vesting and subsequent conversion of restricted stock units granted to him on 11/18/2021 and vested 11/18/2022
F2 The reporting person returned 3,935 shares to the issuer at the closing price on 11/18/2022 of $2.35 to cover taxes due.