Richard K. Howe - 03 Aug 2022 Form 4 Insider Report for Inuvo, Inc. (INUV)

Role
Chairman & CEO, Director
Signature
/s/ Richard K. Howe
Issuer symbol
INUV
Transactions as of
03 Aug 2022
Net transactions value
-$47,372
Form type
4
Filing time
05 Aug 2022, 21:09:54 UTC
Previous filing
29 Mar 2022
Next filing
07 Feb 2023
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 +9.4% $0.000000 2,911,070 03 Aug 2022 Direct
transaction INUV Common Stock Tax liability $47,372 -94,743 -3.3% $0.5000 2,816,327 03 Aug 2022 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 -100% $0.000000* 0 03 Aug 2022 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.