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CANTALOUPE, INC. Director's Dealing 2016

Sep 15, 2016

32434_dirs_2016-09-15_35c7661f-d09f-4a96-9145-3de31266046d.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: 2016-09-13

Reporting Person: LAWLOR MICHAEL K (Chief Services Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-09-13 Common Stock A 15479 Acquired 51031 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Qualified Stock Option (Right to Buy) $2.94 2023-01-12 Common Stock (75000) 75000 Direct
Qualified Stock Option (Right to Buy) $2.75 2022-04-08 Common Stock (25000) 25000 Direct

Footnotes

F1: Represents shares awarded to Mr. Lawlor under the Company's Fiscal Year 2016 Long-Term Stock Incentive Plan, which vest as follows: one-third upon issuance, one-third on 6/30/2017, and one-third on 6/30/ 2018.

F2: The options vest as follows: one-third on 1/12/2017; one-third on 1/12/2018; and one-third on 1/12/2019.

F3: The options vested or vest as follows: one-third on 4/8/2016; one-third on 4/8/2017; and one-third on 4/8/2018.