4//SEC Filing
RAUN DAVID 4
Accession 0001209191-23-002430
CIK 0001394056other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 5:37 PM ET
Size
9.6 KB
Accession
0001209191-23-002430
Insider Transaction Report
Form 4
RAUN DAVID
Director
Transactions
- Tax Payment
Common Stock
2023-01-04$2.93/sh−28,626$83,874→ 470,645 total - Exercise/Conversion
Restricted Stock Units
2023-01-04−68,687→ 68,687 total→ Common Stock (68,687 underlying) - Exercise/Conversion
Common Stock
2023-01-04+68,687→ 499,271 total
Footnotes (4)
- [F1]Restricted stock units convert into shares of common stock on a one-for-one basis.
- [F2]Includes 201,000 unvested restricted stock units held by the Reporting Person, which remain subject to certain vesting conditions.
- [F3]The Reporting Person received 68,687 shares of common stock upon vesting of the restricted stock units, as reported in this Form 4. The Reporting Person forfeited 28,626 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]The restricted stock units ("RSUs") shall vest over three years, with 1/3 of the RSUs vesting following the one-year anniversary of the date of grant, and the remaining RSUs shall vest in four equal installments, commencing six months after the one-year anniversary of the date of grant and every six months thereafter until fully vested, provided that grantee is still employed on each such vesting date.
Documents
Issuer
ONE STOP SYSTEMS, INC.
CIK 0001394056
Entity typeother
Related Parties
1- filerCIK 0001219078
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 5:37 PM ET
- Size
- 9.6 KB