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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.
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