Louis A. Hoch - 21 Feb 2023 Form 4 Insider Report for Usio, Inc. (USIO)

Signature
Louis Hoch
Issuer symbol
USIO
Transactions as of
21 Feb 2023
Net transactions value
+$577,500
Form type
4
Filing time
21 Feb 2023, 15:58:45 UTC
Previous filing
21 Nov 2022
Next filing
20 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USIO Common Stock Award $577,500 +330,000 +12% $1.75 3,020,656 21 Feb 2023 Direct F1

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 +11,000 +55% $0.000000 31,000 21 Feb 2023 Common Stock 11,000 $0.000000 Direct F2
transaction USIO Restricted Stock Units Award $0 +11,000 +35% $0.000000 42,000 21 Feb 2023 Common Stock 11,000 $0.000000 Direct F3
transaction USIO Restricted Stock Units Award $0 +11,000 +26% $0.000000 53,000 21 Feb 2023 Common Stock 11,000 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vests 02/21/2033 or change of control or per terms of employment agreement.
F2 Restricted stock units vests 02/21/2024.
F3 Restricted stock units vests 02/21/2025.
F4 Restricted stock units vests 02/21/2026.