Form 4 for TSSI TSS, Inc.
Accepted 2024-01-26 00:00:00 ET · period of report 2024-01-24 · accession 0001437749-24-002293 · 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 | 2024-01-26 | 2024-01-24 | TSSI | Dewan Darryll E | Pres, CEO | A - Grant | $0.00 | +200.0K | 272.5K | +276% | $0 |
| D | 2024-01-26 | 2024-01-24 | TSSI | Dewan Darryll E | Pres, CEO | A - Grant | $0.00 | +450.0K | 450.0K | New | $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 | 2024-01-24 | A | A | 200,000 | $0.00 | 272,500 | D | — | — | (F1) These shares of common stock represent restricted stock granted pursuant to an award agreement between Mr. Dewan and the Issuer and are subject to forfeiture. The restricted stock awarded will vest in installments as follows: (1) 100,000 shares will vest on January 24, 2025, and (2) 100,000 shares will vest on January 24, 2026. |
| 2 | Derivative | Employee Stock Option | 2024-01-24 | A | A | 450,000 | $0.00 | 450,000 | D | $0.31 · — to 2034-01-24 | 450,000 Common Stock | (F2) The option becomes exercisable and may be exercised in installments as follows: (1) 100,000 shares will vest on January 24, 2025, (2) 150,000 shares will vest on January 24, 2026, (3) 150,000 shares will vest on January 24, 2027, and (4) 50,000 shares will vest on January 24, 2028. |