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

Role
Chairman, President and CEO, Director, 10%+ Owner
Signature
Louis Hoch
Stock symbol
USIO
Transactions as of
Nov 18, 2022
Transactions value $
$14,253
Form type
4
Date filed
11/21/2022, 01:40 PM
Previous filing
Oct 6, 2022
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USIO Common Stock Options Exercise $23.5K +10K +0.37% $2.35 2.69M Nov 18, 2022 Direct F1
transaction USIO Common Stock Tax liability -$9.25K -3.94K -0.15% $2.35 2.69M Nov 18, 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 -10K -33.33% $0.00 20K Nov 18, 2022 Common Stock 10K $0.00 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.