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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 2/8/24 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1088034 |
| Issuer Name: Usio, Inc. |
| Issuer Trading Symbol: USIO |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1627479 |
| | Owner Name: Frost Houston Korth |
| Reporting Owner Address: |
| | Owner Street 1: 3611 PAESANOS PKWY |
| | Owner Street 2: SUITE 300 |
| | Owner City: SAN ANTONIO |
| | Owner State: TX |
| | Owner ZIP Code: 78231 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Senior Vice President |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 2/8/24 |
| | Deemed Execution Date: |
| | | Value: 2/8/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 500 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 1.67 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 669,027 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 2/21/24 |
| | Deemed Execution Date: |
| | | Value: 2/21/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 4,000 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 1.57 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 673,027 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Stock Units |
| | Conversion or Exercise Price: |
| | | Value: 0 |
| | Transaction Date: |
| | | Value: 2/8/24 |
| | Deemed Execution Date: |
| | | Value: 2/8/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 500 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 2/8/24 |
| | Expiration Date: |
| | | Value: 2/8/32 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 500 |
| Footnote ID: F1 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 14,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Stock Units |
| | Conversion or Exercise Price: |
| | | Value: 0 |
| | Transaction Date: |
| | | Value: 2/21/24 |
| | Deemed Execution Date: |
| | | Value: 2/21/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 4,000 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 2/21/24 |
| | Expiration Date: |
| | | Value: 2/21/33 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 4,000 |
| Footnote ID: F2 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 10,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: The reporting person received these shares of common stock due to the vesting and subsequent conversion of restricted stock units granted to him on 2/8/22 and vested on 2/8/24. |
| Footnote - F2: The reporting person received these shares of common stock due to the vesting and subsequent conversion of restricted stock units granted to him on 2/21/23 and vested on 2/21/24. |
Owner Signature: |
| Signature Name: Houston Frost |
| Signature Date: 3/22/24 |