4/A//SEC Filing
Schachtel John D. 4/A
Accession 0001185185-23-001313
CIK 0001236275other
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 6:06 PM ET
Size
10.0 KB
Accession
0001185185-23-001313
Insider Transaction Report
Form 4/AAmended
Schachtel John D.
Director
Transactions
- Exercise/Conversion
Common Stock
2023-12-11$9.82/sh+7,981$78,373→ 8,125 total - Award
Stock Option
2021-10-14+20,000→ 20,000 totalExercise: $5.90Exp: 2026-10-14→ Common Stock (20,000 underlying) - Exercise/Conversion
Stock Option
2023-12-11−20,000→ 0 totalExercise: $5.90Exp: 2026-10-14→ Common Stock (7,981 underlying)
Footnotes (3)
- [F1]Represents a cashless exercise of outstanding stock options to purchase 20,000 shares of common stock. Mr. John Schachtel received 7,981 shares of common stock and surrendered 12,019 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/A
- Filed
- Dec 14, 7:00 PM ET
- Accepted
- Dec 15, 6:06 PM ET
- Size
- 10.0 KB