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CANTALOUPE, INC. Director's Dealing 2011

Jul 5, 2011

32434_dirs_2011-07-05_b3680d0e-ac13-4e3e-946f-0fa5a046880a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: USA TECHNOLOGIES INC (USAT)
CIK: 0000896429
Period of Report: 2011-06-30

Reporting Person: LURIO DOUGLAS M (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-06-30 Common Stock A 10000 Acquired 23904 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Warrants $2.2 2011-12-31 Common Stock (6874) 6874 Direct
Stock Option (Right to Buy) $7.50 Common Stock (6000) 6000 Direct

Footnotes

F1: 10,000 shares were issued by the Company to each non-employee Director as of 6/30/2011 and vest as follows: 3,333 on 6/30/11, 3,333 on 6/30/12, and 3,334 on 6/30/13, provided such person is still a director of the Company on the applicable vesting date.

F2: The options granted vest as follows: 3,000 on 4/1/07 and 3,000 on 4/1/08. The options are exercisable at any time within five years following the date of vesting.