0001567619-20-013498.txt : 20200720 0001567619-20-013498.hdr.sgml : 20200720 20200720181637 ACCESSION NUMBER: 0001567619-20-013498 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200716 FILED AS OF DATE: 20200720 DATE AS OF CHANGE: 20200720 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Agrawal Anant CENTRAL INDEX KEY: 0001816065 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33365 FILM NUMBER: 201037193 MAIL ADDRESS: STREET 1: 100 DEERFIELD LANE STREET 2: SUITE 300 CITY: MALVERN STATE: PA ZIP: 19355 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 300 CITY: MALVERN STATE: PA ZIP: 19355 BUSINESS PHONE: 6109890340 MAIL ADDRESS: STREET 1: 100 DEERFIELD LANE STREET 2: SUITE 300 CITY: MALVERN STATE: PA ZIP: 19355 FORMER COMPANY: FORMER CONFORMED NAME: USA ENTERTAINMENT CENTER INC DATE OF NAME CHANGE: 19931029 4 1 doc1.xml FORM 4 X0306 4 2020-07-16 0 0000896429 USA TECHNOLOGIES INC USAT 0001816065 Agrawal Anant 100 DEERFIELD LANE SUITE 300 MALVERN PA 19355 0 1 0 0 Chief Revenue Officer Non-Qualified Stock Option (Right to Buy) 7.61 2020-07-16 4 A 0 250000 0 A 2027-07-16 Common Stock 250000 250000 D 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. Exhibit List: Exhibit 24.1 - Power of Attorney /s/ Anant Agrawal 2020-07-20 EX-24.1 2 exhibit-24_1.htm POWER OF ATTORNEY

POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby constitutes and appoints Davina Furnish, and with full power of substitution, the undersigned’s true and lawful attorney-in-fact to:
 
(1)
execute for and on behalf of the undersigned, in the undersigned’s capacity as an officer and/or director of USA Technologies, Inc. (the “Company”), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;
     
 
(2)
do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the U.S. Securities and Exchange Commission and any stock exchange or similar authority; and
     
 
(3)
take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.
The undersigned hereby grants to such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.
This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 19th day of July, 2020.
 

/s/ Anant Agrawal
  
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Anant Agrawal
  
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