| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TSRI | Common Stock, $0.01 par value | Purchase | $21.8K | +2.5K | +0.5% | $8.70 | 499K | May 24, 2021 | By QAR Industries, Inc. | F3 |
| holding | TSRI | Common Stock, $0.01 par value | 30K | May 24, 2021 | Direct | F1, F2 |
| Id | Content |
|---|---|
| F1 | Includes restricted stock award of 20,000 shares granted under the TSR, Inc. 2020 Equity Incentive Plan. The shares of restricted stock will remain subject to forfeiture during three years, during such time the forfeiture restrictions will lapse with respect to 10,000 shares, 5,000 shares and 5,000 shares respectively on each anniversary date of the grant date. The lapse of the forfeiture restrictions is conditioned on the reporting person continuing to provide services to TSR, Inc. (the "Company") through each vesting date. |
| F2 | Includes restricted stock award of 10,000 shares granted under the TSR, Inc. 2020 Equity Incentive Plan. The shares of restricted stock will remain subject to forfeiture over three years until the Company's common stock have traded at certain pre-determined price thresholds for a 30-trading-day period. Once a price threshold was achieved by certain target dates, the forfeiture restrictions for the portion of the award related to that threshold will lapse, provided that the reporting person continues to provide services to the Company at the time of vesting. |
| F3 | Shares held by QAR Industries, Inc. of which the reporting person is President, Chairman of the Board and majority shareholder. |