Form Type: 4

SEC EDGAR Link
Accession Number:0001567619-20-013499
Date:2020-07-16
Issuer: USA TECHNOLOGIES INC (USAT)
Original Submission Date:

Reporting Person:

VOGT JEFF
100 DEERFIELD LANE
SUITE 300 MALVERN, PA 19355

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 7.61 2020-07-16 deemed execution date A 100,000 (a) 2027-07-16 common stock 100,000 $7.61 100,000 direct
Footnotes
IDfootnote
f1 the options vest and become exercisable as follows: (i) 50% of the options vest in in three equal installments on each of the first three anniversaries of the date of grant, subject to reporting person's continued service through each such vesting date and (ii) the remaining 50% of the options vest in three equal installments on each of june 30, 2021, june 30, 2022, and june 30, 2023, subject to reporting person's continued service through each such vesting date and the achievement of certain performance goals.
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