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CANTALOUPE, INC. — Director's Dealing 2016
Sep 29, 2016
32434_dirs_2016-09-29_0746020b-c638-4557-9986-fc8e2e85c925.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: 2016-09-27
Reporting Person: HERBERT STEPHEN P (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-09-27 | Common Stock | F | 6533 | $4.82 | Disposed | 333933 | Direct |
| 2016-09-29 | Common Stock | G | 14545 | — | Disposed | 319388 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 62010 | Indirect |
| Common Stock | 27440 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Qualified Stock Option (Right to Buy) (Common Stock) | $4.98 | 2023-08-31 | Common Stock (20080) | 20080 | Direct |
| Qualified Stock Option (Right to Buy) | $3.38 | 2022-08-01 | Common Stock (29585) | 29585 | Direct |
| Qualified Stock Option (Right to Buy) | $1.8 | 2021-09-01 | Common Stock (55555) | 55555 | Direct |
| Non-Qualified Stock Option (Right to Buy) | $1.8 | 2021-09-01 | Common Stock (150000) | 150000 | Direct |
Footnotes
F1: Represents shares cancelled by Mr. Herbert in order to satisfy tax withholding obligations in connection with a prior stock award that became vested and taxable.
F2: The stock options vest on August 31, 2017.
F3: The stock options vested or vest as follows: 50,000 on 9/1/2015; 50,000 on 9/1/2016; and 50,000 on 9/1/2017.
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