Richard K. Howe - 03 Feb 2024 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 2024
Net transactions value
-$50,050
Form type
4
Filing time
06 Feb 2024, 18:40:26 UTC
Previous filing
04 Apr 2023
Next filing
05 Mar 2024
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 +366,667 +12% $0.000000 3,531,011 03 Feb 2024 Direct
transaction INUV Common Stock Tax liability $50,050 -128,333 -3.6% $0.3900 3,402,678 03 Feb 2024 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 -366,667 -50% $0.000000 366,667 03 Feb 2024 Common Stock 366,667 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.