James Ison - Nov 9, 2022 Form 4 Insider Report for ONE STOP SYSTEMS, INC. (OSS)

Signature
/s/ James Ison
Stock symbol
OSS
Transactions as of
Nov 9, 2022
Transactions value $
-$7,174
Form type
4
Date filed
11/14/2022, 05:17 PM
Previous filing
Oct 6, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSS Common Stock Tax liability -$7.17K -2.26K -2.63% $3.17 83.7K Nov 9, 2022 Direct F1, F2
transaction OSS Common Stock Gift $0 -4.4K -5.26% $0.00 79.3K Nov 9, 2022 Direct F3, F4
transaction OSS Common Stock Gift $0 +4.4K +4.8% $0.00 96.2K Nov 9, 2022 By Trust F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person forfeited 2,263 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 83,737 unvested restricted stock units held by the Reporting Person, all of which remain subject to certain vesting conditions.
F3 On November 9, 2022, the Reporting Person transferred 4,403 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 (the "Trust"), of which the Reporting Person is trustee. The Reporting Person and members of his immediate family are the sole beneficiaries of the Trust.
F4 Includes 79,334 unvested restricted stock units held by the Reporting Person, all of which remain subject to certain vesting conditions.
F5 These shares are owned directly by the Trust, and indirectly by James Ison as trustee of the Trust.