0001140361-12-042607.txt : 20121003 0001140361-12-042607.hdr.sgml : 20121003 20121003130628 ACCESSION NUMBER: 0001140361-12-042607 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121002 FILED AS OF DATE: 20121003 DATE AS OF CHANGE: 20121003 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: USA TECHNOLOGIES INC CENTRAL INDEX KEY: 0000896429 STANDARD INDUSTRIAL CLASSIFICATION: CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS) [3578] IRS NUMBER: 232679963 STATE OF INCORPORATION: PA FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 100 DEERFIELD LANE STREET 2: SUITE 140 CITY: MALVERN STATE: PA ZIP: 19355 BUSINESS PHONE: 6109890340 MAIL ADDRESS: STREET 1: 100 DEERFIELD LANE STREET 2: SUITE 140 CITY: MALVERN STATE: PA ZIP: 19355 FORMER COMPANY: FORMER CONFORMED NAME: USA ENTERTAINMENT CENTER INC DATE OF NAME CHANGE: 19931029 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HERBERT STEPHEN P CENTRAL INDEX KEY: 0001202182 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33365 FILM NUMBER: 121125951 MAIL ADDRESS: STREET 1: 20 BRIAR ROAD CITY: STRAFFORD STATE: PA ZIP: 19087 4 1 doc1.xml FORM 4 X0306 4 2012-10-02 0 0000896429 USA TECHNOLOGIES INC USAT 0001202182 HERBERT STEPHEN P 100 DEERFIELD LN SUITE 140 MALVERN X1 19355 1 1 0 0 CEO Common Stock 2012-10-02 4 A 0 96201 0 D 381359 D Common Stock 2012-10-02 4 A 0 71429 0 A 452788 D Common Stock 32010 I By Child Common Stock 27440 I By Spouse Non-Qualified Stock Option (Right to Buy) 7.5 Common Stock 6000 6000 D Represents shares earned by Mr. Herbert under the Fiscal Year 2012 Performance Share Plan. Represents non-vested shares of common stock that were awarded to Mr. Herbert under the stock incentive plan of the Company. These shares would become vested upon the attainment of various closing prices for thirty consecutive trading days at any time prior to September 5, 2015. One-third of these shares would become vested if the closing price would be at least $2.00 per share, one-third of these shares would become vested if the closing price would be at least $2.25 per share, and one-third of these shares would become vested if the closing price would be at least $2.50 per share. The options may be exercised at any time within 5 years of vesting. The options vested on 6/30/08. /s/ Stephen P. Herbert 2012-10-03