Inuvo, Inc. - Director's Dealing 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Inuvo, Inc. (INUV)
CIK: 0000829323
Period of Report: 2019-08-14

Reporting Person: RUIZ WALLACE D (CFO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-14	Common Stock	M	35000.0000	$0.0000	Acquired	372112.0000	Direct
2019-08-14	Common Stock	F	15119.0000	$0.2100	Disposed	356993.0000	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-08-14	Restricted Stock Unit	$	A	105000.0000	Acquired	2020-07-01	Common Stock (105000.0000)	Direct
2019-08-14	Restricted Stock Unit	$	M	35000.0000	Disposed	2020-07-01	Common Stock (35000.0000)	Direct

F1: Shares withheld by Inuvo, Inc. to satisfy the individual's withholding taxes payable upon vesting of restricted stock units.

F2: Each restricted stock unit represents a contingent right to receive one share of Issuer's Common Stock.

F3: The restricted stock units become vested 33.33% on August 14, 2019, 33.33% on January 1, 2020 and 33.33% on July 1, 2020.