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CANTALOUPE, INC. Director's Dealing 2020

Sep 23, 2020

32434_dirs_2020-09-22_e1bae8cb-a2f7-410f-a81c-518842be5b55.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: 2020-09-17

Reporting Person: Stewart Scott Matthew (Chief Accounting Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-09-17 Non-Qualified Stock Option (Right to Buy) $8.58 A 125000 Acquired 2027-09-17 Common Stock (125000) Direct

Footnotes

F1: The stock options are eligible to vest as follows: (i) 50% of the options are eligible to vest in 3 equal annual installments on the first 3 anniversaries of September 15, 2020, and (ii) the remaining 50% of the options are eligible to vest in 3 equal installments on each of the first 3 anniversaries of September 15, 2020, subject to the achievement of certain performance goals, and in each case subject to Mr. Stewart's continued employment through the applicable vesting date.