JOHN B. PISARIS - 03 Feb 2024 Form 4 Insider Report for Inuvo, Inc. (INUV)

Role
General Counsel
Signature
/s/ John B. Pisaris
Issuer symbol
INUV
Transactions as of
03 Feb 2024
Net transactions value
-$10,238
Form type
4
Filing time
06 Feb 2024, 18:40:29 UTC
Previous filing
04 Apr 2023
Next filing
05 Mar 2024
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 +75,000 +12% $0.000000 699,932 03 Feb 2024 Direct
transaction INUV Common Stock Tax liability $10,238 -26,250 -3.8% $0.3900 673,682 03 Feb 2024 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 -75,000 -50% $0.000000 75,000 03 Feb 2024 Common Stock 75,000 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.