SEC Form 4 · accession 0001627479-16-000005
Usio, Inc. · USIO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Houston Korth Frost
Officer — Senior Vice President
Period of report
Oct 31, 2016
Accepted (ET)
Nov 15, 2016 · 3:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001088034
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 31, 2016 | J | 14,010 | $1.87 | A | 294,027 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On October 31, 2016, Akimbo Financial, Inc. distributed 14,010 shares of PYDS Common Stock to Houston K Frost as part of its Plan of Dissolution.
- F2This is the price per share of PYDS Common Stock at market close on October 31, 2016.