Filing Details

Accession Number:
0001567619-19-022782
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-09 17:00:16
Reporting Period:
2019-12-04
Accepted Time:
2019-12-09 17:00:16
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
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 2019-12-04 2,173 $6.91 2,173 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 Date 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
  1. This transaction was executed in multiple trades at prices ranging from $6.88 to $6.91. 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.
  2. 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.
  3. The stock options vest as follows: 1,920 upon issuance, 1,920 on 6/30/20, and 1,920 on 6/30/21.
  4. 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.