James Ison - Nov 12, 2021 Form 4 Insider Report for ONE STOP SYSTEMS, INC. (OSS)

Role
Chief Sales/Marketing Officer
Signature
/s/ James Ison
Stock symbol
OSS
Transactions as of
Nov 12, 2021
Transactions value $
-$14,628
Form type
4
Date filed
11/15/2021, 04:25 PM
Previous filing
Aug 19, 2021
Next filing
Jan 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSS Common Stock Tax liability -$14.6K -2.78K -5.75% $5.26 45.6K Nov 12, 2021 Direct F1
transaction OSS Common Stock Gift $0 -3.89K -8.53% $0.00 41.7K Nov 12, 2021 Direct F2
holding OSS Common Stock 58.5K Nov 12, 2021 By Trust F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person forfeited 2,781 shares of common stock upon conversion of 6,667 vested and outstanding Restricted Stock Units into shares of common stock to cover tax withholdings, using the market price of the issuer's common stock at the time of forfeiture. These Restricted Stock Units were part of the grant reported in Table I of the Form 4 filed by the Reporting Person with the Securities and Exchange Commission on May 21, 2021.
F2 On November 12, 2021, the Reporting Person transferred 3,886 shares of common stock to the James J. Ison Jr. & Sha-Marie A Ison TR UA 06 04 2020 James J. Ison Jr. & Sha-Marie A Ison Inter Vivos Revocable Trust, of which the Reporting Person is trustee. The Reporting Person and members of his immediate family are the sole beneficiaries of the trust.
F3 These shares are owned directly by James J Ison Jr. and Sha-Marie A Ison Inter Vivos Revocable Trust dated June 4, 2020, and indirectly by James Ison as trustee of the trust.