John B. Pisaris - Feb 3, 2023 Form 4 Insider Report for Inuvo, Inc. (INUV)

Role
General Counsel
Signature
/s/ John B. Pisaris
Stock symbol
INUV
Transactions as of
Feb 3, 2023
Transactions value $
-$16,315
Form type
4
Date filed
2/7/2023, 04:50 PM
Previous filing
Aug 5, 2022
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INUV Common Stock Options Exercise $0 +75K +13.64% $0.00 625K Feb 3, 2023 Direct
transaction INUV Common Stock Tax liability -$16.3K -33.5K -5.36% $0.49 591K Feb 3, 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 -75K -33.33% $0.00 150K Feb 3, 2023 Common Stock 75K 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.