JOHN B. PISARIS - 01 Apr 2024 Form 4 Insider Report for Inuvo, Inc. (INUV)

Signature
/s/ John B. Pisaris
Issuer symbol
INUV
Transactions as of
01 Apr 2024
Transactions value $
-$10,037
Form type
4
Filing time
03 Apr 2024, 16:32:46 UTC
Previous filing
05 Mar 2024
Next filing
02 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INUV Common Stock Options Exercise $0 +66,666 +9.5% $0 766,898 01 Apr 2024 Direct
transaction INUV Common Stock Tax liability -$10,037 -29,766 -3.9% $0.3372 737,132 01 Apr 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 -66,666 -33% $0 133,334 01 Apr 2024 Common Stock 66,666 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.