Blaise Bender - 18 Nov 2022 Form 4 Insider Report for Usio, Inc. (USIO)

Role
Director
Signature
/s/ Blaise Bender
Issuer symbol
USIO
Transactions as of
18 Nov 2022
Net transactions value
+$6,580
Form type
4
Filing time
28 Nov 2022, 15:41:16 UTC
Previous filing
05 Apr 2022
Next filing
20 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USIO Common Stock Options Exercise $9,400 +4,000 +5.5% $2.35 77,334 18 Nov 2022 Direct F1
transaction USIO Common Stock Tax liability $2,820 -1,200 -1.6% $2.35 76,134 18 Nov 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction USIO Restricted Stock Units Options Exercise $0 -4,000 -26% $0.000000 11,333 18 Nov 2022 Common Stock 4,000 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received these shares of common stock due to the vesting and subsequent conversion of restricted stock units granted to him on 11/18/2021 and vested 11/18/2022
F2 The reporting person returned 1,200 shares to the issuer at the closing price on 11/18/2022 of $2.35 to cover taxes due.