Houston Korth Frost - 21 Feb 2023 Form 4 Insider Report for Usio, Inc. (USIO)

Signature
Houston Frost
Issuer symbol
USIO
Transactions as of
21 Feb 2023
Net transactions value
+$175,000
Form type
4
Filing time
22 Feb 2023, 10:44:06 UTC
Previous filing
22 Feb 2023
Next filing
07 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USIO Common Stock Award $175,000 +100,000 +18% $1.75 666,527 21 Feb 2023 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 +4,000 +89% $0.000000 8,500 21 Feb 2023 Common Stock 4,000 $0.000000 Direct F2
transaction USIO Restricted Stock Units Award $0 +4,000 +47% $0.000000 12,500 21 Feb 2023 Common Stock 4,000 $0.000000 Direct F3
transaction USIO Restricted Stock Units Award $0 +4,000 +32% $0.000000 16,500 21 Feb 2023 Common Stock 4,000 $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 2/21/2033 or on change of control.
F2 Restricted stock units vest on 2/21/2024 or on change of control.
F3 Restricted stock units vest on 2/21/2025 or on change of control.
F4 Restricted stock units vest on 2/21/2026 or on change of control.