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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.
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