Wallace D. Ruiz - Mar 1, 2024 Form 4 Insider Report for Inuvo, Inc. (INUV)

Role
CFO
Signature
/s/ Wallace D. Ruiz
Stock symbol
INUV
Transactions as of
Mar 1, 2024
Transactions value $
-$12,465
Form type
4
Date filed
3/5/2024, 05:29 PM
Previous filing
Feb 6, 2024
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INUV Common Stock Award $0 +58.3K +7.67% $0.00 819K Mar 1, 2024 Direct
transaction INUV Common Stock Tax liability -$12.5K -30.4K -3.71% $0.41 789K Mar 1, 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 Award $0 +300K $0.00 300K Mar 1, 2024 Common Stock 300K 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.