4//SEC Filing
Woodward Peter H 4
Accession 0001437749-24-037768
CIK 0001320760other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 8:35 PM ET
Size
9.5 KB
Accession
0001437749-24-037768
Insider Transaction Report
Form 4
TSS, Inc.TSSI
Woodward Peter H
Director
Transactions
- Sale
Common Stock
2024-12-13$9.07/sh−50,000$453,685→ 1,183,521 total(indirect: Shares held through MHW Partners, L.P.)
Holdings
- 1,214,061(indirect: By LLC)
Common Stock
- 25,000(indirect: By LLC)
Common Stock
- 885,714(indirect: Shares subject to performance related fee)
Common Stock
- 15,574
Common Stock
Footnotes (6)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $9.0000 to $9.1800, inclusive. The reporting person undertakes to provide to TSS, Inc., any security holder of TSS, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) of this Form 4.
- [F2]The shares are owned by MHW Partners, L.P. The reporting person is the General Partner of MHW Partners, L.P. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person's pecuniary interest in the shares.
- [F3]In November 2024, MHW SVP II, LLC distributed 186,765 shares to members not affiliated with the reporting person. In prior reports, the reporting person disclaimed beneficial ownership of these shares.
- [F4]The shares are owned by MHW SPV II, LLC. The reporting person is the Manager of MHW SPV II, LLC. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person's pecuniary interest in the shares.
- [F5]The shares are owned by MHW Capital Management, LLC. The reporting person is the principal of MHW Capital Management, LLC.
- [F6]The shares are owned by unaffiliated third persons, and the reporting person has a right to a performance-related fee upon the disposition of such shares. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person's pecuniary interest in the shares.
Documents
Issuer
TSS, Inc.
CIK 0001320760
Entity typeother
Related Parties
1- filerCIK 0001369119
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 8:35 PM ET
- Size
- 9.5 KB