SEC Form 4 · accession 0001225208-15-019437
Inuvo, Inc. · INUV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles D Morgan
Director
Period of report
Oct 6, 2015
Accepted (ET)
Oct 8, 2015 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000829323
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 6, 2015 | M | 4,667 | $0.00 | A | 1,453,488 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | — | Oct 6, 2015 | M | 4,667 | D | — | Oct 6, 2016 | Common Stock | 4,667 | 4,667 | D |
Explanation of responses
- F1Mr. Morgan may be deemed to be the beneficial owner of 1,368,000 shares of Common Stock held by Tocqueville Asset Management L.P. on his behalf.
- F2Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- F3The restricted stock units become vested 33.33% per year beginning on the first anniversary of the date of grant.