Lowell Thomas Jewell - 18 Nov 2023 Form 4 Insider Report for Usio, Inc. (USIO)

Role
SVP, CFO
Signature
/s/ Lowell Thomas Jewell
Issuer symbol
USIO
Transactions as of
18 Nov 2023
Net transactions value
-$4,452
Form type
4
Filing time
20 Nov 2023, 16:26:03 UTC
Previous 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 $11,899 +7,000 +0.91% $1.70 774,517 18 Nov 2023 Direct F1
transaction USIO Common Stock Tax liability $4,452 -2,619 -0.34% $1.70 771,898 18 Nov 2023 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 $11,899 -7,000 -18% $1.70 32,381 18 Nov 2023 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 11/18/2023
F2 The reporting person returned 2,619 shares to the issuer at the closing price on 11/17/2023 of $1.6999 to cover taxes due.