John W. Morrison Jr. - 09 Nov 2022 Form 4 Insider Report for ONE STOP SYSTEMS, INC. (OSS)

Role: Chief Financial Officer
Signature: /s/ John Morrison
Issuer symbol: OSS
Transactions as of: 09 Nov 2022
Net transactions value: -$7,808
Form type: 4
Filing time: 14 Nov 2022, 17:15:02 UTC
Previous filing: 06 Oct 2022
Next filing: 23 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OSS	Common Stock	Tax liability	$7,808	-2,463	-1.3%	$3.17	188,833	09 Nov 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person forfeited 2,463 shares of common stock upon conversion of 6,666 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	Includes 90,668 unvested restricted stock units held by the Reporting Person, all of which remain subject to certain vesting conditions.

Content

The Reporting Person forfeited 2,463 shares of common stock upon conversion of 6,666 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.

Includes 90,668 unvested restricted stock units held by the Reporting Person, all of which remain subject to certain vesting conditions.