Wallace D. Ruiz - 03 Aug 2021 Form 4 Insider Report for Inuvo, Inc. (INUV)

Role
CFO
Signature
John B. Pisaris, Attorney-in-Fact
Issuer symbol
INUV
Transactions as of
03 Aug 2021
Net transactions value
-$18,619
Form type
4
Filing time
05 Aug 2021, 18:15:14 UTC
Previous filing
08 Jul 2021
Next filing
27 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INUV Common Stock Options Exercise $0 +58,333 +11% $0.000000 587,252 03 Aug 2021 Direct
transaction INUV Common Stock Tax liability $18,619 -23,132 -3.9% $0.8049 564,120 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 -58,333 -33% $0.000000 116,667 03 Aug 2021 Common Stock 58,333 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.