Richard K. Howe - Aug 3, 2021 Form 4 Insider Report for Inuvo, Inc. (INUV)

Role
Chairman & CEO, Director
Signature
John B. Pisaris, Attorney-in-Fact
Stock symbol
INUV
Transactions as of
Aug 3, 2021
Transactions value $
-$76,998
Form type
4
Date filed
8/5/2021, 06:14 PM
Next filing
Feb 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INUV Common Stock Options Exercise $0 +250K +11.31% $0.00 2.46M Aug 3, 2021 Direct
transaction INUV Common Stock Tax liability -$77K -95.7K -3.89% $0.80 2.36M Aug 3, 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 -250K -33.33% $0.00 500K Aug 3, 2021 Common Stock 250K 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.