Stanley Wunderlich - Oct 14, 2021 Form 4 Insider Report for SilverSun Technologies, Inc. (SSNT)

Role
Director
Signature
/s/ Stanley Wunderlich
Stock symbol
SSNT
Transactions as of
Oct 14, 2021
Transactions value $
$111,844
Form type
4
Date filed
12/29/2023, 03:50 PM
Previous filing
Oct 27, 2021
Next filing
Jan 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSNT Common Stock Options Exercise $112K +9.73K $11.49 9.73K Dec 27, 2023 Direct F1, F2

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 SSNT Stock Option Award $0 +20K $0.00 20K Oct 14, 2021 Common Stock 20K $5.90 Direct
transaction SSNT Stock Option Options Exercise $0 -20K -100% $0.00* 0 Dec 27, 2023 Common Stock 9.73K $5.90 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a cashless exercise of outstanding stock options to purchase 20,000 shares of common stock. Mr. Stanley Wunderlich received 9,734 shares of common stock and surrendered 10,266 shares of common stock underlying the option in payment of the exercise price. The cashless exercise was based on the market price of $11.49. This price is the average of the closing trading price of the Issuer's common stock on the 5 trading days ending on and including December 27, 2023.
F2 The average of the closing trading price of the Issuer's common stock on the 5 trading days ending on and including December 27, 2023.