James Ison - Feb 5, 2024 Form 4 Insider Report for ONE STOP SYSTEMS, INC. (OSS)

Role
CPO
Signature
/s/ James Ison
Stock symbol
OSS
Transactions as of
Feb 5, 2024
Transactions value $
-$7,570
Form type
4
Date filed
2/7/2024, 08:25 PM
Previous filing
Jan 30, 2024
Next filing
Mar 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSS Common Stock Tax liability -$7.57K -3.77K -3.54% $2.01 103K Feb 5, 2024 Direct F1, F2
transaction OSS Common Stock Gift $0 -5.57K -5.42% $0.00 97.2K Feb 5, 2024 Direct F2, F3
transaction OSS Common Stock Gift $0 +5.57K +3.28% $0.00 175K Feb 5, 2024 By Trust F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person forfeited 3,766 shares of common stock upon conversion of 9,333 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 February 7, 2022.
F2 Includes 97,167 unvested restricted stock units held by the Reporting Person, all of which remain subject to certain vesting conditions.
F3 On February 5, 2024, the Reporting Person transferred 5,567 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 These shares are owned directly by the Trust, and indirectly by James Ison as trustee of the Trust.