Filing Details

Accession Number:
0001140361-15-007964
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-02-19 16:40:13
Reporting Period:
2015-02-19
Filing Date:
2015-02-19
Accepted Time:
2015-02-19 16:40:13
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
1554542 Jr. J. William Reilly 1280 South Concord Road
West Chester PA 19382
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 Acquisiton 2015-02-19 4,400 $2.25 52,591 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series A Convertible Preferred Stock Acquisiton 2015-02-19 500 $19.00 97 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
500 No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 100 Indirect By Child
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) $2.05 2021-06-18 20,000 20,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-06-18 20,000 20,000 Direct
Footnotes
  1. As of June 30, 2014, 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.
  2. The options vest as follows: 6,667 on 6/18/15; 6,667 on 6/18/16; and 6,666 on 6/18/17.