4//SEC Filing
Dewan Darryll E 4
Accession 0001654954-25-000624
CIK 0001320760other
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 9:15 PM ET
Size
9.2 KB
Accession
0001654954-25-000624
Insider Transaction Report
Form 4
TSS, Inc.TSSI
Dewan Darryll E
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2025-01-16$11.79/sh−12,884$151,902→ 428,030 total - Award
Common Stock
2025-01-16+200,000→ 628,030 total - Award
Common Stock
2025-01-16+100,000→ 440,914 total
Holdings
- 5,000(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]These shares of common stock represent restricted stock previously granted to Mr. Dewan that were subject to financial performance vesting criteria that has been achieved. The restricted stock vests in installments as follows assuming Mr. Dewan remains employed through the vesting date: (1) 50,000 of the shares vested on the grant date, and (2) 50,000 of the shares will vest on January 1, 2026, and are subject to forfeiture.
- [F2]Reflects shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of the restricted stock described in footnote (1) herein.
- [F3]These shares of common stock represent restricted stock granted pursuant to an award agreement between Mr. Dewan and the Issuer and are subject to forfeiture. The restricted stock award will vest in installments as follows: (1) 100,000 shares will vest on January 16, 2026, and (2) 100,000 shares will vest on January 16, 2027.
Documents
Issuer
TSS, Inc.
CIK 0001320760
Entity typeother
Related Parties
1- filerCIK 0001955619
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 9:15 PM ET
- Size
- 9.2 KB