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

Role
CFO
Signature
/s/ Wallace D. Ruiz
Stock symbol
INUV
Transactions as of
Apr 1, 2024
Transactions value $
-$13,126
Form type
4
Date filed
4/3/2024, 04:32 PM
Previous filing
Mar 5, 2024
Next filing
Aug 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INUV Common Stock Options Exercise $0 +75K +9.51% $0.00 864K Apr 1, 2024 Direct
transaction INUV Common Stock Tax liability -$13.1K -38.9K -4.51% $0.34 825K Apr 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 Options Exercise $0 -75K -33.33% $0.00 150K Apr 1, 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.