Lowell Thomas Jewell - Jan 6, 2022 Form 4 Insider Report for Usio, Inc. (USIO)

Role
SVP, CFO
Signature
Lowell Thomas Jewell
Stock symbol
USIO
Transactions as of
Jan 6, 2022
Transactions value $
$120,570
Form type
4
Date filed
1/7/2022, 04:07 PM
Previous filing
Nov 22, 2021
Next filing
Nov 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USIO Common Stock Options Exercise $168K +40K +7.5% $4.21 574K Jan 6, 2022 Direct F1
transaction USIO Common Stock Disposed to Issuer -$47.8K -11.4K -1.98% $4.21 562K Jan 6, 2022 Direct F2

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 Options Exercise $0 +40K $0.00 21K Jan 6, 2022 Common Stock 40K $0.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received these shares of common stock due to a conversion of restricted stock units granted to him on January 6, 2017 and vested on January 6, 2022 for services as the Issuer's CFO.
F2 The issuer repurchased the shares at the closing price on January 6, 2022 to cover payroll taxes due.