Louis A. Hoch - 18 Nov 2023 Form 4 Insider Report for Usio, Inc. (USIO)

Signature
Louis Hoch
Issuer symbol
USIO
Transactions as of
18 Nov 2023
Net transactions value
+$27,322
Form type
4
Filing time
20 Nov 2023, 16:16:28 UTC
Previous filing
21 Feb 2023
Next filing
20 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USIO Common Stock Options Exercise $16,999 +10,000 +0.33% $1.70 3,030,656 18 Nov 2023 Direct F1
transaction USIO Common Stock Tax liability $6,676 -3,927 -0.13% $1.70 3,026,729 18 Nov 2023 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 $16,999 +10,000 +30% $1.70 43,000 18 Nov 2023 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 11/18/2023
F2 The reporting person returned 3,927 shares to the issuer at the closing price on 11/17/2023 of $1.6999 to cover taxes due.