Peter Derycz - 10 Feb 2023 Form 4 Insider Report for Research Solutions, Inc. (RSSS)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ William Nurthen, Attorney-in-Fact
Issuer symbol
RSSS
Transactions as of
10 Feb 2023
Net transactions value
-$1.72
Form type
4
Filing time
13 Feb 2023, 14:00:38 UTC
Previous filing
11 Jan 2023
Next filing
21 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSSS Common Stock Options Exercise $40,000 +32,000 +0.96% $1.25 3,353,858 10 Feb 2023 Direct
transaction RSSS Common Stock Tax liability $40,002 -17,468 -0.52% $2.29 3,336,390 10 Feb 2023 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 Options (right to buy) Options Exercise $0 -32,000 -100% $0.000000* 0 10 Feb 2023 Common Stock 32,000 $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 pay the exercise price of options issued in accordance with Rule 16b-3.
F2 The underlying shares vest 33% on the first anniversary of the date of grant and 1/12th of the underlying shares on the last day of each quarter beginning on March 31, 2014 until fully vested.