4//SEC Filing
Morrison John W Jr. 4
Accession 0001209191-22-053006
CIK 0001394056other
Filed
Oct 5, 8:00 PM ET
Accepted
Oct 6, 7:05 PM ET
Size
9.6 KB
Accession
0001209191-22-053006
Insider Transaction Report
Form 4
Morrison John W Jr.
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2022-10-04$3.27/sh−849$2,776→ 191,296 total - Exercise/Conversion
Common Stock
2022-10-04+2,500→ 192,145 total - Exercise/Conversion
Restricted Stock Unit
2022-10-04−2,500→ 2,500 total→ Common Stock (2,500 underlying)
Footnotes (4)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Includes 97,334 unvested restricted stock units held by the Reporting Person, all of which remain subject to certain vesting conditions
- [F3]The reporting person received 2,500 shares of common stock upon vesting of the Restricted Stock Units, as reported in this Form 4. The reporting person forfeited 849 shares of common stock underlying the vested and outstanding Restricted Stock Units to cover tax withholdings, using the market price of the issuer's common stock at the time of forfeiture.
- [F4]Prior to the Initial Vesting Date, the Vested Ratio shall be zero. On the Initial Vesting Date, the Vested Ratio shall be 1/6, provided the Grantee's service has not been terminated prior to the Initial Vesting Date. For each six month period of Grantee service from the Initial Vesting Date until the Vested Ratio equals 1/1, the Vested Ratio shall be increased by 1/6. This Restricted Stock Unit will be fully vested after three (3) years of service. The Initial Vesting Date shall be six months following the Date of Restricted Stock Unit Grant.
Documents
Issuer
ONE STOP SYSTEMS, INC.
CIK 0001394056
Entity typeother
Related Parties
1- filerCIK 0001729697
Filing Metadata
- Form type
- 4
- Filed
- Oct 5, 8:00 PM ET
- Accepted
- Oct 6, 7:05 PM ET
- Size
- 9.6 KB