Wallace D. Ruiz - Aug 3, 2021 Form 4 Insider Report for Inuvo, Inc. (INUV)

Role
CFO
Signature
John B. Pisaris, Attorney-in-Fact
Stock symbol
INUV
Transactions as of
Aug 3, 2021
Transactions value $
-$18,619
Form type
4
Date filed
8/5/2021, 06:15 PM
Previous filing
Jul 8, 2021
Next filing
May 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INUV Common Stock Options Exercise $0 +58.3K +11.03% $0.00 587K Aug 3, 2021 Direct
transaction INUV Common Stock Tax liability -$18.6K -23.1K -3.94% $0.80 564K 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 -58.3K -33.33% $0.00 117K Aug 3, 2021 Common Stock 58.3K 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.