Richard K. Howe - 03 Feb 2023 Form 4 Insider Report for Inuvo, Inc. (INUV)

Role
Chairman & CEO, Director
Signature
/s/ Richard K. Howe
Issuer symbol
INUV
Transactions as of
03 Feb 2023
Net transactions value
-$81,810
Form type
4
Filing time
07 Feb 2023, 16:50:12 UTC
Previous filing
05 Aug 2022
Next filing
17 Mar 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 +366,666 +13% $0.000000 3,182,993 03 Feb 2023 Direct
transaction INUV Common Stock Tax liability $81,810 -167,918 -5.3% $0.4872 3,015,075 03 Feb 2023 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 -366,666 -33% $0.000000 733,334 03 Feb 2023 Common Stock 366,666 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% per year beginning on the first anniversary of the date of grant.