Houston Korth Frost - 18 Nov 2021 Form 4 Insider Report for Usio, Inc. (USIO)

Role: Senior Vice President
Signature: Houston Frost
Issuer symbol: USIO
Transactions as of: 18 Nov 2021
Net transactions value: +$159,750
Form type: 4
Filing time: 22 Nov 2021, 15:47:56 UTC
Previous filing: 14 Jun 2021
Next filing: 09 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USIO	Common Stock	Award	$159,750	+25,000	+4.9%	$6.39	539,027	18 Nov 2021	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	USIO	Restricted Stock Units	Award	$0	+2,000		$0.000000	2,000	18 Nov 2021	Common Stock	2,000	$0.000000	Direct	F2
transaction	USIO	Restricted Stock Units	Award	$0	+2,000	+100%	$0.000000	4,000	18 Nov 2021	Common Stock	2,000	$0.000000	Direct	F3
transaction	USIO	Restricted Stock Units	Award	$0	+2,000	+50%	$0.000000	6,000	18 Nov 2021	Common Stock	2,000	$0.000000	Direct	F4

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

Explanation of Responses:

Id	Content
F1	Shares vest on 11/18/2031 or on change of control.
F2	Restricted stock units vest on 11/18/2022 or on change of control.
F3	Restricted stock units vest on 11/18/2023 or on change of control.
F4	Restricted stock units vest on 11/18/2024 or on change of control.