SEC Form 4 · accession 0001225208-18-012084
Inuvo, Inc. · INUV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard K Howe
Officer — Chairman & CEO · Director
Period of report
Jul 27, 2018
Accepted (ET)
Jul 31, 2018 · 5:07 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 Stock | Jul 27, 2018 | M | 63,000 | $0.00 | A | 934,961 | D | |
| Common Stock | Jul 27, 2018 | F | 19,688 | $0.67 | D | 915,273 | 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 UnitF1,F2 | — | Jul 27, 2018 | M | 63,000 | D | — | Jul 27, 2018 | Common Stock | 63,000 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.
- F2Restricted stock units vest 25% on the first and second anniversaries of the date of grant and 50% on the third anniversary of the date of grant.