Edwards Kenneth E. 5
5 · SilverSun Technologies, Inc. · Filed Jan 8, 2024
Insider Transaction Report
Form 5
Edwards Kenneth E.
Director
Transactions
- Sale
Common Stock
2023-12-28$13.93/sh−7,981$111,175→ 0 total - Exercise/Conversion
Stock Option
2023-12-11−20,000→ 0 totalExercise: $5.90From: 2021-10-14Exp: 2026-10-14→ Common Stock (7,981 underlying) - Exercise/Conversion
Common Stock
2023-12-11$9.82/sh+7,981$78,373→ 7,981 total - Award
Stock Option
2021-10-14+20,000→ 20,000 totalExercise: $5.90From: 2021-10-14Exp: 2026-10-14→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Represents a cashless exercise of outstanding stock options to purchase 20,000 shares of common stock. Mr. Kenneth Edwards 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.