John B. Pisaris - 03 Aug 2021 Form 4 Insider Report for Inuvo, Inc. (INUV)

Role: General Counsel
Signature: /s/ John B. Pisaris
Issuer symbol: INUV
Transactions as of: 03 Aug 2021
Net transactions value: -$15,189
Form type: 4
Filing time: 05 Aug 2021, 18:16:41 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	+58,333	+15%	$0.000000	456,643	03 Aug 2021	Direct
transaction	INUV	Common Stock	Tax liability	$15,189	-18,871	-4.1%	$0.8049	437,772	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.