4//SEC Filing
Salerno Thomas C 4
Accession 0001213900-21-005578
CIK 0000098338other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 7:09 AM ET
Size
7.2 KB
Accession
0001213900-21-005578
Insider Transaction Report
Form 4
TSR INCTSRI
Salerno Thomas C
Chief Executive Officer
Transactions
- Award
Common Stock
2021-01-28+23,333→ 23,333 total - Award
Common Stock
2021-01-28+16,667→ 40,000 total
Footnotes (2)
- [F1]Represents restricted stock award granted under the TSR, Inc. 2020 Equity Incentive Plan. The shares of restricted stock will remain subject to forfeiture during three years, during such time the forfeiture restrictions will lapse with respect to 13,333 shares, 5,000 shares and 5,000 shares respectively on each anniversary date of the grant date. The lapse of the forfeiture restrictions is conditioned on the reporting person continuing to provide services to TSR, Inc. (the "Company") through each vesting date.
- [F2]Represents restricted stock award granted under the TSR, Inc. 2020 Equity Incentive Plan. The shares of restricted stock will remain subject to forfeiture over three years until the Company's common stock have traded at certain pre-determined price thresholds for a 30-trading-day period. Once a price threshold was achieved by certain target dates, the forfeiture restrictions for the portion of the award related to that threshold will lapse, provided that the reporting person continues to provide services to the Company at the time of vesting.
Documents
Issuer
TSR INC
CIK 0000098338
Entity typeother
Related Parties
1- filerCIK 0001806218
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 7:09 AM ET
- Size
- 7.2 KB