WALLACE D. RUIZ - 03 Aug 2022 Form 4 Insider Report for Inuvo, Inc. (INUV)

Role
CFO
Signature
/s/ Wallace D. Ruiz
Issuer symbol
INUV
Transactions as of
03 Aug 2022
Transactions value $
-$11,560
Form type
4
Filing time
05 Aug 2022, 21:10:01 UTC
Previous filing
29 Mar 2022
Next filing
01 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INUV Common Stock Options Exercise $0 +58.3K +9.29% $0.00 686K 03 Aug 2022 Direct
transaction INUV Common Stock Tax liability -$11.6K -23.1K -3.37% $0.50 663K 03 Aug 2022 Direct

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 INUV Restricted Stock Unit Options Exercise $0 -58.3K -100% $0.00* 0 03 Aug 2022 Common Stock 58.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.
F2 The restricted stock units become vested 33.33% on each of August 3, 2021, February 3, 2022 and August 3, 2022.