SEC Form 4 · accession 0001140361-15-029701
USA TECHNOLOGIES INC · USAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Demedio
Officer — CFO
Period of report
Aug 1, 2015
Accepted (ET)
Aug 4, 2015 · 4:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000896429
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 1, 2015 | A | 7,396 | $0.00 | A | 157,232 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Qualified Stock Option (Right to Buy) | $1.80 | holding | — | — | — | Sep 1, 2015 | Sep 1, 2021 | Common Stock | 33,333 | 33,333 | D |
| Non-Qualified Stock Option (Right to Buy)F2 | $1.80 | holding | — | — | — | — | Sep 1, 2021 | Common Stock | 90,000 | 90,000 | D |
Explanation of responses
- F1Represents bonus shares awarded to Mr. DeMedio by the Board of Directors that vest on August 1, 2016.
- F2The stock options vest as follows: 30,000 on 9/1/2015; 30,000 on 9/1/2016; and 30,000 on 9/1/2017.