Ian Jiro Harris - 07 Feb 2022 Form 4 Insider Report for CANTALOUPE, INC. (CTLP)

Role: Director
Signature: /s/ Ian Harris
Issuer symbol: CTLP
Transactions as of: 07 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 09 Feb 2022, 15:42:42 UTC
Previous filing: 09 Feb 2022
Next filing: 14 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTLP	Common Stock	Award	$0	+5,195	+11%	$0.000000	52,216	07 Feb 2022	Direct	F1

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	CTLP	Non-Qualified Stock Option (Right to Buy)	Award	$0	+100,000		$0.000000	100,000	07 Feb 2022	Common Stock	100,000	$8.02	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents Restricted Stock Units ("RSUs"), each of which represent a nontransferable right to receive one share of the Issuer's common stock. The RSUs vest and become exercisable on June 30, 2022.
F2	The options vest and become exercisable as follows: (i) 25% of the options vest on the first anniversary of the date of grant subject to continued service, with accelerated prorated vesting upon a separation from service in accordance with the applicable award agreement, and (ii) the remaining 75% of the options vest in equal quarterly installments over the three year period following the initial vesting date subject to continued service.

Content

Represents Restricted Stock Units ("RSUs"), each of which represent a nontransferable right to receive one share of the Issuer's common stock. The RSUs vest and become exercisable on June 30, 2022.

The options vest and become exercisable as follows: (i) 25% of the options vest on the first anniversary of the date of grant subject to continued service, with accelerated prorated vesting upon a separation from service in accordance with the applicable award agreement, and (ii) the remaining 75% of the options vest in equal quarterly installments over the three year period following the initial vesting date subject to continued service.