Filing Details
- Accession Number:
- 0001140361-17-010823
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-03-07 12:57:10
- Reporting Period:
- 2017-03-06
- Filing Date:
- 2017-03-07
- Accepted Time:
- 2017-03-07 12:57:10
- 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 |
|---|---|---|---|---|---|---|---|
| 1244284 | F Albin Moschner | 1022 Aynsley Avenue Lake Forest IL 60045 | Yes | No | 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 | Disposition | 2016-08-16 | 4,000 | $0.00 | 413,762 | No | 4 | G | Direct | |
| Common Stock | Disposition | 2016-08-18 | 4,000 | $0.00 | 409,762 | No | 4 | G | Direct | |
| Common Stock | Acquisiton | 2017-03-06 | 15,000 | $3.86 | 424,762 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | G | Direct | |
| No | 4 | G | Direct | |
| No | 4 | P | Direct |
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 | 1,358 | 7,000 | Direct | ||
| Common Stock | Non-Qualified Stock Option (Right to Buy) | $2.05 | 2021-06-18 | 20,000 | 20,000 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 1,358 | 7,000 | Direct | |
| 2021-06-18 | 20,000 | 20,000 | Indirect |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $3.84 to $3.89. The price set forth above reflects the weighted-average price per share. Mr. Moschner hereby undertakes to provide, upon request, to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- As of April 25, 2016, each share of series A convertible preferred stock was convertible into 0.1940 of a share of common stock at the option of the holder and is subject to further adjustment as provided in the Articles of Incorporation. The shares do not have an expiration date.
- The options vested or vest as follows: 6,667 on 6/18/15; 6,667 on 6/18/16; and 6,666 on 6/18/17.
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