4//SEC Filing
KNOWLES MICHAEL 4
Accession 0001209191-23-034845
CIK 0001394056other
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 6:19 PM ET
Size
8.2 KB
Accession
0001209191-23-034845
Insider Transaction Report
Form 4
KNOWLES MICHAEL
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2023-06-05+400,000→ 400,000 total - Award
Stock Option (right to buy)
2023-06-05+400,000→ 400,000 totalExercise: $2.94Exp: 2033-06-04→ Common Stock (400,000 underlying)
Footnotes (4)
- [F1]Represents 400,000 restricted stock units granted to the Reporting Person outside of the Issuer's 2017 Equity Incentive Plan, as amended (the "Plan"), in connection with, and as a material inducement to, the hiring and appointment of the Reporting Person as President and Chief Executive Officer of the Issuer, which restricted stock units are subject to vesting conditions.
- [F2]Consists of 400,000 unvested restricted stock units held by the Reporting Person, all of which remain subject to certain vesting conditions.
- [F3]Represents non-qualified stock options to purchase 400,000 shares of of the Issuer's common stock, which stock options were granted to the Reporting Person outside of the Issuer's Plan, in connection with, and as a material inducement to, the hiring and appointment of the Reporting Person as President and Chief Executive Officer of the Issuer.
- [F4]The stock options vest shall vest over four years, with one fourth vesting on the one-year anniversary of the date of grant and the remaining stock options vesting in six equal installments, commencing six months after the one-year anniversary of the grant date and every six months thereafter until fully vested.
Documents
Issuer
ONE STOP SYSTEMS, INC.
CIK 0001394056
Entity typeother
Related Parties
1- filerCIK 0001755059
Filing Metadata
- Form type
- 4
- Filed
- Jun 5, 8:00 PM ET
- Accepted
- Jun 6, 6:19 PM ET
- Size
- 8.2 KB