Filing Details
- Accession Number:
- 0001140361-10-041295
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-10-15 13:02:28
- Reporting Period:
- 2010-10-14
- Filing Date:
- 2010-10-15
- Accepted Time:
- 2010-10-15 13:02:28
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 896429 | Usa Technologies Inc | USAT | Calculating & Accounting Machines (No Electronic Computers) (3578) | 232679963 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1202180 | Jr R George Jensen | 100 Deerfield Ln Suite 140 Malvern X1 19355 | Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2010-10-14 | 5,200 | $1.26 | 87,718 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2010-10-14 | 1,540 | $1.27 | 89,258 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | P | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 35,429 | Indirect | By Trust |
| Common Stock | 2,000 | Indirect | By Spouse |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Series A Convertible Preferred Stock | $0.00 | 2008-10-10 | 0 | 40,000 | Direct | |
| Common Stock | Warrants | $2.20 | 2010-01-01 | 2011-12-31 | 15,000 | 15,000 | Direct |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | $7.50 | 75,000 | 75,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 0 | 40,000 | Direct | |
| 2011-12-31 | 15,000 | 15,000 | Direct |
| 75,000 | 75,000 | Direct |
Footnotes
- Each share of Series A Convertible Preferred Stock is convertible into a hundredth of a share of Common Stock, and does not have an expiration date.
- The options may be excercised at any time within five years of vesting. The options vested as follows: 25,000 on 5/11/06, 25,000 on 6/30/07 and 25,000 on 6/30/08.
Billionaire Hedge Funds
