LOUIS HOCH - 21 Feb 2024 Form 4 Insider Report for Usio, Inc. (USIO)

Role
Chairman, President and CEO, Director, 10%+ Owner
Signature
Louis Hoch
Issuer symbol
USIO
Transactions as of
21 Feb 2024
Net transactions value
+$9,558
Form type
4
Filing time
20 Mar 2024, 17:08:09 UTC
Previous filing
20 Nov 2023
Next filing
24 Jun 2024
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 $17,270 +11,000 +0.36% $1.57 3,037,729 21 Feb 2024 Direct F1
transaction USIO Common Stock Tax liability $7,712 -4,912 -0.16% $1.57 3,032,817 21 Feb 2024 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 -11,000 -26% $0.000000 32,000 21 Feb 2024 Common Stock 11,000 $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 on 02/21/2023 and vested 02/21/2024.
F2 The reporting person returned 4,912 shares to the issuer at the closing price on 02/21/2024 of $1.57 to cover taxes due.