Home > Insider Trading > Filing (0001140361-15-035087)

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
1272180	Duncan James Smith	100 Deerfield Lane Suite 140 Malvern PA 19355	Chief Financial 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	2015-09-14	7,500	$2.98	7,500	No	4	P	Indirect	By IRA

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By IRA

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Non-Qualified Stock Option (Right to Buy)	$3.38		2022-08-01	90,000	90,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2022-08-01	90,000	90,000	Direct

Footnotes

This transaction was executed in multiple trades at prices ranging from $2.86 to $3.04. The price set forth above reflects the weighted-average price per share. Mr. Smith 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 options vest as follows: 30,000 on 8/1/16, 30,000 on 8/1/17, and 30,000 on 8/1/18.