Barry Lowenthal - 22 May 2023 Form 4 Insider Report for Inuvo, Inc. (INUV)

Role
President
Signature
John B. Pisaris, Attorney-in-Fact
Issuer symbol
INUV
Transactions as of
22 May 2023
Transactions value $
$0
Form type
4
Filing time
24 May 2023, 16:18:37 UTC
Next filing
02 Aug 2024
SEC
View on sec.gov

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 Award $0 +1.25M $0.00 1.25M 22 May 2023 Common Stock 1.25M 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% per year beginning on the first anniversary of the date of grant.