Wallace D. Ruiz - Feb 3, 2024 Form 4 Insider Report for Inuvo, Inc. (INUV)

Role
CFO
Signature
/s/ Wallace D. Ruiz
Stock symbol
INUV
Transactions as of
Feb 3, 2024
Transactions value $
-$10,238
Form type
4
Date filed
2/6/2024, 06:40 PM
Previous filing
Apr 4, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INUV Common Stock Options Exercise $0 +75K +10.37% $0.00 799K Feb 3, 2024 Direct
transaction INUV Common Stock Tax liability -$10.2K -26.3K -3.29% $0.39 772K Feb 3, 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 -75K -50% $0.00 75K Feb 3, 2024 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.