TSS, Inc. 4
4 · TSS, Inc. · Filed Dec 22, 2015
Insider Transaction Report
Form 4
TSS, Inc.TSSI
Gallagher Gerard J
DirectorPresident and COO10% Owner
Transactions
- Other
Common Stock Warrants (right to buy)
2015-12-21+100,000→ 100,000 totalExercise: $0.15From: 2015-12-21Exp: 2020-02-03→ Common Stock (100,000 underlying)
Holdings
- 1,148,018
Common Stock
Footnotes (2)
- [F1]The reporting person received the right to purchase 100,000 shares of Common Stock under a Warrant as partial consideration for the Second Amendment to Amended and Restated Convertible Promissory Note, dated December 21, 2015, which amends that certain Amended and Restated Convertible Promissory Note, dated May 21, 2013, in the original principal amount of $1,900,000, as amended by that certain Amendment to Amended and Restated Convertible Promissory Note, dated effective September 30, 2014.
- [F2]The warrants expire on December 21, 2020, or, if such day is not a business day, on the next preceding business day.