Form 4 for RSSS Research Solutions, Inc.
Accepted 2023-09-19 00:00:00 ET · period of report 2023-09-18 · accession 0000921895-23-002197 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2023-09-19 | 2023-09-18 | RSSS | Bristol Capital Advisors, LLC | See Explanation of Responses | S - Sale | $2.45 | -1.15M | 2.25M | -34% | -$2.82M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.001 per share | 2023-09-18 | S | D | 325,000 | $2.45 | 1,923,410 | I By Bristol Investment Fund, Ltd. | — | — | (F2) As of September 19, 2023, the Reporting Persons ceased to be members of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. (F1) This Form 4 is filed jointly by Bristol Investment Fund, Ltd. ("Bristol Fund"), Bristol Capital Advisors, LLC ("Bristol Advisors") and Paul Kessler (collectively, the "Reporting Persons"). (F3) Securities beneficially owned directly by Bristol Fund. As the investment advisor of Bristol Fund, Bristol Advisors may be deemed to beneficially own the securities owned directly by Bristol Fund. As the manager and Chief Executive Officer of Bristol Advisors, Mr. Kessler may be deemed to beneficially own the securities owned directly by Bristol Fund. |
| 2 | Common | Common Stock, par value $0.001 per share | 2023-09-18 | S | D | 491,302 | $2.45 | 1,432,108 | I By Bristol Investment Fund, Ltd. | — | — | (F2) As of September 19, 2023, the Reporting Persons ceased to be members of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. (F1) This Form 4 is filed jointly by Bristol Investment Fund, Ltd. ("Bristol Fund"), Bristol Capital Advisors, LLC ("Bristol Advisors") and Paul Kessler (collectively, the "Reporting Persons"). (F3) Securities beneficially owned directly by Bristol Fund. As the investment advisor of Bristol Fund, Bristol Advisors may be deemed to beneficially own the securities owned directly by Bristol Fund. As the manager and Chief Executive Officer of Bristol Advisors, Mr. Kessler may be deemed to beneficially own the securities owned directly by Bristol Fund. |
| 3 | Common | Common Stock, par value $0.001 per share | 2023-09-18 | S | D | 256,336 | $2.45 | 2,325,772 | I By Bristol Investment Fund, Ltd. | — | — | (F2) As of September 19, 2023, the Reporting Persons ceased to be members of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. (F1) This Form 4 is filed jointly by Bristol Investment Fund, Ltd. ("Bristol Fund"), Bristol Capital Advisors, LLC ("Bristol Advisors") and Paul Kessler (collectively, the "Reporting Persons"). (F3) Securities beneficially owned directly by Bristol Fund. As the investment advisor of Bristol Fund, Bristol Advisors may be deemed to beneficially own the securities owned directly by Bristol Fund. As the manager and Chief Executive Officer of Bristol Advisors, Mr. Kessler may be deemed to beneficially own the securities owned directly by Bristol Fund. |
| 4 | Common | Common Stock, par value $0.001 per share | 2023-09-18 | S | D | 77,362 | $2.45 | 2,248,410 | I By Bristol Investment Fund, Ltd. | — | — | (F2) As of September 19, 2023, the Reporting Persons ceased to be members of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. (F1) This Form 4 is filed jointly by Bristol Investment Fund, Ltd. ("Bristol Fund"), Bristol Capital Advisors, LLC ("Bristol Advisors") and Paul Kessler (collectively, the "Reporting Persons"). (F3) Securities beneficially owned directly by Bristol Fund. As the investment advisor of Bristol Fund, Bristol Advisors may be deemed to beneficially own the securities owned directly by Bristol Fund. As the manager and Chief Executive Officer of Bristol Advisors, Mr. Kessler may be deemed to beneficially own the securities owned directly by Bristol Fund. |