CHISM DANIEL M 4
4 · TSS, Inc. · Filed Jun 11, 2024
Insider Transaction Report
Form 4
TSS, Inc.TSSI
CHISM DANIEL M
Chief Financial Officer
Transactions
- Award
Common Stock
2024-06-07+125,000→ 125,000 total - Exercise/Conversion
Employee Stock Option
2024-06-07+125,000→ 125,000 totalExercise: $1.72Exp: 2034-06-07→ Common Stock (125,000 underlying)
Footnotes (2)
- [F1]These shares of common stock represent restricted stock granted pursuant to an award agreement between Mr. Chism and the Issuer and are subject to forfeiture. The restricted stock awarded will vest in installments as follows: (1) 62,500 shares will vest on June 7, 2025, and (2) 62,500 shares will vest on June 7, 2026.
- [F2]The option becomes exercisable and may be exercised in installments as follows: (1) 41,667 shares will vest on June 7, 2025, (2) 41,667 shares will vest on June 7, 2026, and (3) 41,666 shares will vest on June 7, 2027.