4//SEC Filing
Schachtel John D. 4
Accession 0001185185-23-001298
CIK 0001236275other
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 9:57 PM ET
Size
9.9 KB
Accession
0001185185-23-001298
Insider Transaction Report
Form 4
Schachtel John D.
Director
Transactions
- Exercise/Conversion
Common Stock
2023-12-11$9.82/sh+7,444$73,100→ 7,444 total - Exercise/Conversion
Stock Option
2023-12-11−20,000→ 0 totalExercise: $5.90Exp: 2026-10-14→ Common Stock (7,444 underlying) - Award
Stock Option
2021-10-14+20,000→ 20,000 totalExercise: $5.90Exp: 2026-10-14→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]Represents a cashless exercise of outstanding stock options to purchase 20,000 shares of common stock. Mr. Joseph Macaluso received 7,444 shares of common stock and surrendered 12,556 shares of common stock underlying the option in payment of the exercise price. The cashless exercise was based on the market price of $9.82. This price is the average of the closing trading price of the Issuer's common stock on the 5 trading days ending on and including December 8, 2023.
- [F2]The average of the closing trading price of the Issuer's common stock on the 5 trading days ending on and including December 8, 2023.
- [F3]Options become exercisable for 50% of the shares on the first anniversary of the grant and 50% of the shares on the second anniversary of the grant date.
Documents
Issuer
SilverSun Technologies, Inc.
CIK 0001236275
Entity typeother
Related Parties
1- filerCIK 0001708027
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 9:57 PM ET
- Size
- 9.9 KB