Inuvo, Inc. — Director's Dealing 2020

Jan 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Inuvo, Inc. (INUV)
CIK: 0000829323
Period of Report: 2020-01-01

Reporting Person: RUIZ WALLACE D (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-01	Common Stock	M	34583.0000	$0.0000	Acquired	411711.0000	Direct
2020-01-01	Common Stock	F	13678.0000	$0.3000	Disposed	398033.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-01	Restricted Stock Unit	$	M	34583.0000	Disposed	2020-07-01	Common Stock (34583.0000)	Direct

Footnotes

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

F2: The restricted stock units become vested 33.3% on each of August 19, 2019, January 1, 2020 and July 1, 2020.