Lowell Thomas Jewell - Nov 18, 2022 Form 4 Insider Report for Usio, Inc. (USIO)

Role
SVP, CFO
Signature
/s/ Lowell Thomas Jewell
Stock symbol
USIO
Transactions as of
Nov 18, 2022
Transactions value $
$12,443
Form type
4
Date filed
11/21/2022, 01:51 PM
Previous filing
Jan 7, 2022
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USIO Common Stock Options Exercise $16.5K +7K +1.26% $2.35 562K Nov 18, 2022 Direct F1
transaction USIO Common Stock Tax liability -$4.01K -1.71K -0.3% $2.35 568K Nov 18, 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 +7K +100% $0.00 14K Nov 18, 2022 Common Stock 7K $0.00 Direct F1
* 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 the vesting and subsequent conversion of restricted stock units granted to him on 11/18/2021 and vested 11/18/2022
F2 The reporting person returned 1,705 shares to the issuer at the closing price on 11/18/2022 of $2.35 to cover taxes due.