USA Technologies Inc (USAT)

[FUNMAN]

Directors exercise options and hold them. The CEO exercises his options and sells them, however, he does own 1% of the O/S. Maybe he's just not allowing all of he eggs to be in one basket.

Interesting point when you notice his child's holdings below. The kid owns more than a quarter million dollars worth of USAT.


https://www.sec.gov/Archives/edgar/data/896429/000114036116060429/xslF345X03/doc1.xml

William Schoch, Director

1. Represents shares of common stock issued by the Company to Mr. Schoch for director fees attributable to the quarter ended March 31, 2016.

He does not sell his shares. He now owns 80,129 shares.





https://www.sec.gov/Archives/edgar/data/896429/000114036116047614/xslF345X03/doc1.xml

William Reilly, Director

1. Represents shares of common stock issued by the Company to Mr. Reilly for director fees attributable to the quarter ended December 31, 2015.

He has not sold his shares. He now owns 71,376 shares.




https://www.sec.gov/Archives/edgar/data/896429/000114036116047612/xslF345X03/doc1.xml

Steven Barnhart, Director

1. Represents shares of common stock issued by the Company to Mr. Barnhart for director fees attributable to the quarter ended December 31, 2015.

He has not sold his shares. He now owns 299,826 shares.




Stephen Herbert, Director CEO keeps selling his options as they vest. He obviously takes this money as compensation. Meanwhile he still owns 305,798 shares, plus 62,010 by a child, and 27,440 by his wife. That equals a little more than 1% of the O/S.