Ernesto R. Beyer del la Garza - 29 Aug 2021 Form 4 Insider Report for Usio, Inc. (USIO)

Role
Director
Signature
Ernesto Beyer
Issuer symbol
USIO
Transactions as of
29 Aug 2021
Net transactions value
+$88,352
Form type
4
Filing time
21 Sep 2021, 17:41:14 UTC
Next filing
22 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USIO Common Stock Options Exercise $126,221 +22,222 +149% $5.68 37,111 29 Aug 2021 Direct F1
transaction USIO Common Stock Other $37,869 -6,667 -18% $5.68 30,444 29 Aug 2021 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 +22,222 $0.000000 22,222 29 Aug 2021 Common Stock 22,222 $0.000000 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 the conversion of restricted stock units granted to him on 8/29/2020 and vested 8/29/2021 for services on the issuer's board of directors.
F2 The reporting person returned 6,667 shares to the issuer at the closing price on 8/27/2020 of $5.68 to cover taxes due.