Form 4 for OSS ONE STOP SYSTEMS, INC.
Accepted 2023-01-06 00:00:00 ET · period of report 2023-01-04 · accession 0001209191-23-002430 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-06 | 2023-01-04 | OSS | RAUN DAVID | Pres, CEO, Dir | F - Tax | $2.93 | -28.6K | 470.6K | -6% | -$83.9K |
| D | 2023-01-06 | 2023-01-04 | OSS | RAUN DAVID | Pres, CEO, Dir | M - OptEx | — | +68.7K | 499.3K | +16% | — |
| D | 2023-01-06 | 2023-01-04 | OSS | RAUN DAVID | Pres, CEO, Dir | M - OptEx | $0.00 | -68.7K | 68.7K | -50% | $0 |
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 | 2023-01-04 | F | D | 28,626 | $2.93 | 470,645 | D | — | — | (F2) Includes 201,000 unvested restricted stock units held by the Reporting Person, which remain subject to certain vesting conditions. |
| 2 | Common | Common Stock | 2023-01-04 | M | A | 68,687 | — | 499,271 | D | — | — | (F1) Restricted stock units convert into shares of common stock on a one-for-one basis. (F2) Includes 201,000 unvested restricted stock units held by the Reporting Person, which remain subject to certain vesting conditions. |
| 3 | Derivative | Restricted Stock Units | 2023-01-04 | M | D | 68,687 | $0.00 | 68,687 | D | — · — to — | 68,687 Common Stock | (F1) Restricted stock units convert into shares of common stock on a one-for-one basis. (F4) The restricted stock units ("RSUs") shall vest over three years, with 1/3 of the RSUs vesting following the one-year anniversary of the date of grant, and the remaining RSUs shall vest in four equal installments, commencing six months after the one-year anniversary of the date of grant and every six months thereafter until fully vested, provided that grantee is still employed on each such vesting date. |