Richard K. Howe - 03 Aug 2021 Form 4 Insider Report for Inuvo, Inc. (INUV)

Role
Chairman & CEO, Director
Signature
John B. Pisaris, Attorney-in-Fact
Issuer symbol
INUV
Transactions as of
03 Aug 2021
Net transactions value
-$76,998
Form type
4
Filing time
05 Aug 2021, 18:14:47 UTC
Next filing
07 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INUV Common Stock Options Exercise $0 +250,000 +11% $0.000000 2,460,370 03 Aug 2021 Direct
transaction INUV Common Stock Tax liability $76,998 -95,661 -3.9% $0.8049 2,364,709 03 Aug 2021 Direct

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 INUV Restricted Stock Unit Options Exercise $0 -250,000 -33% $0.000000 500,000 03 Aug 2021 Common Stock 250,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.
F2 The restricted stock units become vested 33.33% on each of August 3, 2021, February 3, 2022 and August 3, 2022.