Peter Derycz - Jun 18, 2021 Form 4 Insider Report for Research Solutions, Inc. (RSSS)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Alan Urban, Attorney-in-Fact
Stock symbol
RSSS
Transactions as of
Jun 18, 2021
Transactions value $
-$7,000
Form type
4
Date filed
6/21/2021, 09:45 PM
Previous filing
May 13, 2021
Next filing
Jul 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSSS Common Stock Options Exercise $7.5K +6K +0.16% $1.25 3.72M Jun 18, 2021 Direct
transaction RSSS Common Stock Tax liability -$8.5K -3.4K -0.09% $2.50 3.72M Jun 20, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RSSS Common Stock Warrants (right to buy) Options Exercise -$6K -6K -100% $1.00 0 Jun 18, 2021 Common Stock 6K $1.25 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person sold these shares to the registrant to cover taxes on vested restricted stock, as approved by the Compensation Committee of the Registrant's Board of Directors.
F2 The reported securities were included within units purchased by the reporting person for $1.00 per unit. Each unit consisted of one share of common stock and one warrant to purchase three-tenths of one share of common stock.