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

Role
SVP, CFO
Signature
/s/ Lowell Thomas Jewell
Issuer symbol
USIO
Transactions as of
18 Nov 2022
Net transactions value
+$12,443
Form type
4
Filing time
21 Nov 2022, 13:51:31 UTC
Previous filing
07 Jan 2022
Next filing
21 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USIO Common Stock Options Exercise $16,450 +7,000 +1.3% $2.35 562,222 18 Nov 2022 Direct F1
transaction USIO Common Stock Tax liability $4,007 -1,705 -0.3% $2.35 567,517 18 Nov 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 +7,000 +100% $0.000000 14,000 18 Nov 2022 Common Stock 7,000 $0.000000 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.