FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Pollock James M
2. Issuer Name and Ticker or Trading Symbol

USA TECHNOLOGIES INC [ USAT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Compliance Officer
(Last)          (First)          (Middle)

100 DEERFIELD LANE, SUITE 300
3. Date of Earliest Transaction (MM/DD/YYYY)

10/7/2019
(Street)

MALVERN, PA 19355
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Qualified Stock Option (Right to Buy) $7.43 10/7/2019  A   5760     (1)10/7/2026 Common Stock 5760 $0 5760 D  
Qualified Stock Option (Right to Buy) $3.88            (2)3/23/2026 Common Stock 20000  20000 D  

Explanation of Responses:
(1) The stock options vest as follows: 1,920 upon issuance, 1,920 on 6/30/20, and 1,920 on 6/30/21.
(2) The stock options vest as follows; 6,667 on 3/23/20, 6,667 on 3/23/21, and 6,666 on 3/23/22.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Pollock James M
100 DEERFIELD LANE
SUITE 300
MALVERN, PA 19355


Chief Compliance Officer

Signatures
James M. Pollock11/19/2019
**Signature of Reporting PersonDate

USA Technologies (NASDAQ:USATP)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more USA Technologies Charts.
USA Technologies (NASDAQ:USATP)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more USA Technologies Charts.