SEC Form 4 · accession 0001140361-18-002408
USA TECHNOLOGIES INC · USAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Barnhart
Director
Period of report
Jan 12, 2018
Accepted (ET)
Jan 18, 2018 · 4:24 pm EST
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 | Nov 30, 2017 | G | 1,580 | $0.00 | D | 324,089 | D | |
| Common Stock | Dec 1, 2017 | G | 882 | $0.00 | D | 323,207 | D | |
| Common Stock | Dec 19, 2017 | G | 5,500 | $0.00 | D | 317,707 | D | |
| Common StockF1 | Jan 12, 2018 | A | 1,987 | $9.75 | A | 319,694 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F2 | $2.05 | holding | — | — | — | — | Jun 18, 2021 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Represents shares of common stock issued by the Company to Mr. Barnhart for director fees attributable to the quarter ended December 31, 2017.
- F2The options vested as follows: 6,667 on 6/18/15; 6,667 on 6/18/16; and 6,666 on 6/18/17.