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Filing Details

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
1774736	M James Pollock	100 Deerfield Lane Suite 300 Malvern PA 19355	Chief Compliance Officer	No	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	2019-12-30	2,189	$6.69	4,362	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Qualified Stock Option (Right to Buy)	$6.28	2026-11-22	15,000	15,000	Direct
Common Stock	Qualified Stock Option (Right to Buy)	$7.43	2026-10-07	5,760	5,760	Direct
Common Stock	Qualified Stock Option (Right to Buy)	$3.88	2026-03-23	20,000	20,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2026-11-22	15,000	15,000	Direct
2026-10-07	5,760	5,760	Direct
2026-03-23	20,000	20,000	Direct

Footnotes

This transaction was executed in multiple trades at prices ranging from $6.685 to $6.7. The price set forth above reflects the weighted-average price per share. Mr. Pollock 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.
The stock options vest as follows: 5,000 on 11/22/20, 5,000 on 11/22/21, and 5,000 on 11/22/22.
The stock options vest as follows: 1,920 upon issuance, 1,920 on 6/30/20, and 1,920 on 6/30/21.
The stock options vest as follows: 6,667 on 3/23/20, 6,667 on 3/23/21, and 6,666 on 3/23/22.