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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
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
Common Stock	Acquisiton	2010-10-07	60,716	$0.00	139,518	No	4	A	Direct
Common Stock	Acquisiton	2010-10-08	3,000	$1.16	142,518	No	4	P	Direct
Common Stock	Disposition	2010-10-08	60,000	$1.16	82,518	No	4	G	Direct

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

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series A Convertible Preferred Stock	Disposition	2010-10-08	5,000	$13.43	0	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
40,000	2008-10-10		No	4	G	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	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
2011-12-31	15,000	15,000	Direct
	75,000	75,000	Direct

Footnotes

Represents shares earned by Mr. Jensen under the Long-term Equity Incentive Program on account of the 2010 fiscal year.
Represents 30,000 shares of common stock gifted to each of his sons, Ronald and Burton.
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.
Represents 2,500 shares of preferred stock gifted to each of his sons, Ronald and Burton.
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.