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Hudson Executive Capital LP, et al. – ‘SC 13D/A’ on 10/16/19 re: USA Technologies Inc – ‘EX-5’

On:  Wednesday, 10/16/19, at 5:07pm ET   ·   Accession #:  914121-19-2750   ·   File #:  5-79579

Previous ‘SC 13D’:  ‘SC 13D/A’ on 9/27/19   ·   Next:  ‘SC 13D/A’ on 10/31/19   ·   Latest:  ‘SC 13D/A’ on 2/21/24

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/16/19  Hudson Executive Capital LP       SC 13D/A               3:116K USA Technologies Inc              Cadwalader Wickersh… LLP
          Douglas L. Braunstein
          Hec Management GP LLC

Amendment to Statement of Acquisition of Beneficial Ownership by a Non-Passive Investor   —   Sch. 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D/A    Schedule 13D (Amendment No. 3 )                     HTML     37K 
 2: EX-5        Schedule of Transactions in Shares                  HTML     12K 
 3: EX-99.1     Letter to Shareholders of the Company               HTML     22K 


‘EX-5’   —   Schedule of Transactions in Shares


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 C: 
EXHIBIT 5
Schedule of Transactions in Shares
The following table sets forth all transactions with respect to Shares effected in the last sixty days by the Reporting Persons or on behalf of the Reporting Persons in respect of the Shares, inclusive of any transactions effected through 4:00 pm, New York City time, on October 16, 2019.  
 
USA Technologies, Inc.
 
Trade Date
 
Transaction
 
Security
 
Quantity Bought (Sold)
 
Unit Cost(1)
9/19/2019
 
Buy to Cover
 
Call Option
 
12,500
 
$0.50
9/23/2019
 
Buy
 
Common Stock
 
143,200
 
$4.46(2)
9/24/2019
 
Buy
 
Common Stock
 
20,000
 
$4.40
9/25/2019
 
Buy
 
Common Stock
 
1,176,000
 
$4.43(3)
9/26/2019
 
Buy
 
Common Stock
 
605,000
 
$4.87(4)
10/14/2019
  Buy
  Common Stock    80,000    $6.70(5)
10/16/2019   Buy
  Common Stock    165,000   $7.26(6)
 
(1) Excludes brokerage commissions and other costs of execution.
(2) The price reported is a weighted average price.  These Shares were bought in transactions at prices ranging from $4.37 to $4.50, inclusive.  Hudson Executive and the other Reporting Persons undertake to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares bought at each separate price within the range set forth in this footnote 2.
(3) The price reported is a weighted average price.  These Shares were bought in transactions at prices ranging from $4.14 to $5.10, inclusive.  Hudson Executive and the other Reporting Persons undertake to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares bought at each separate price within the range set forth in this footnote 3.
(4) The price reported is a weighted average price.  These Shares were bought in transactions at prices ranging from $4.50 to $5.15, inclusive.  Hudson Executive and the other Reporting Persons undertake to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares bought at each separate price within the range set forth in this footnote 4.
(5) The price reported is a weighted average price.  These Shares were bought in transactions at prices ranging from $6.58 to $7.00, inclusive.  Hudson Executive and the other Reporting Persons undertake to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares bought at each separate price within the range set forth in this footnote 5.
(6) The price reported is a weighted average price.  These Shares were bought in transactions at prices ranging from $7.25 to $7.30, inclusive.  Hudson Executive and the other Reporting Persons undertake to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares bought at each separate price within the range set forth in this footnote 6.





Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘SC 13D/A’ Filing    Date    Other Filings
Filed on:10/16/19S-8,  SC 13D
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Filing Submission 0000914121-19-002750   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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