Barry Lowenthal - 22 May 2024 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 2024
Transactions value $
-$59,497
Form type
4
Filing time
02 Aug 2024, 18:11:03 UTC
Previous filing
24 May 2023
Next filing
17 Dec 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 +417K $0.00 417K 22 May 2024 Direct
transaction INUV Common Stock Tax liability -$59.5K -210K -50.46% $0.28 206K 22 May 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 -417K -33.33% $0.00 833K 22 May 2024 Common Stock 417K Direct F1, F2
transaction INUV Restricted Stock Unit Award $0 +137K $0.00 137K 31 Jul 2024 Common Stock 137K Direct F1
* 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.