Inuvo, Inc. — Director's Dealing 2018

Jul 31, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Inuvo, Inc. (INUV)
CIK: 0000829323
Period of Report: 2018-07-27

Reporting Person: RUIZ WALLACE D (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-27	Common Stock	M	22500.0000	$0.0000	Acquired	317468.0000	Direct
2018-07-27	Common Stock	F	7644.0000	$0.6700	Disposed	309824.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-07-27	Restricted Stock Unit	$	M	22500.0000	Disposed	2018-07-27	Common Stock (22500.0000)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.

F2: Restricted stock units vest 25% on the first and second anniversaries of the date of grant and 50% on the third anniversary of the date of grant.