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Inuvo, Inc. Director's Dealing 2019

Aug 16, 2019

34539_dirs_2019-08-16_688e639b-077b-40ef-842d-932ad7021b01.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Howe Richard K (Director, Chairman & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-08-14 Common Stock M 98000.0000 $0.0000 Acquired 1091944.0000 Direct
2019-08-14 Common Stock F 38465.0000 $0.2100 Disposed 1053479.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-08-14 Restricted Stock Unit $ A 294000.0000 Acquired 2020-07-01 Common Stock (294000.0000) Direct
2019-08-14 Restricted Stock Unit $ M 98000.0000 Disposed 2020-07-01 Common Stock (98000.0000) Direct

Footnotes

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.