Robert E. Fitzgerald - 16 Jun 2021 Form 4 Insider Report for TSR INC

Reporting relationship: Director, 10%+ Owner
Issuer ticker: N/A
Reported as of: 16 Jun 2021
Net transaction value: +$179,169
SEC form: 4
Accepted by SEC: 17 Jun 2021, 07:06:02 UTC
Prior SEC filing: 25 May 2021
Next SEC filing: 28 Oct 2021
Source filing: View source filing
Reporting owner signature: /s/ Robert E. Fitzgerald

Key filing fact

Robert E. Fitzgerald filed Form 4 for TSR INC on 17 Jun 2021.

Key facts

This page summarizes Robert E. Fitzgerald's Form 4 filing for TSR INC.
5 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 17 Jun 2021, 07:06.

Change

Previous filing in this sequence was filed on 25 May 2021.
Current net transaction value: +$179,169.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TSRI transaction

Common Stock, $0.01 par value

Purchase

Transaction value: $5,250
Shares: +600
Change %: +2%
Price: $8.75
Shares after: 30,600
Date: 16 Jun 2021
Ownership: Direct
Footnotes: F1, F2

TSRI transaction

Common Stock, $0.01 par value

Purchase

Transaction value: $44,350
Shares: +5,000
Change %: +16%
Price: $8.87
Shares after: 35,600
Date: 16 Jun 2021
Ownership: Direct
Footnotes: F1, F2

TSRI transaction

Common Stock, $0.01 par value

Purchase

Transaction value: $13,470
Shares: +1,500
Change %: +4.2%
Price: $8.98
Shares after: 37,100
Date: 16 Jun 2021
Ownership: Direct
Footnotes: F1, F2

TSRI transaction

Common Stock, $0.01 par value

Purchase

Transaction value: $944
Shares: +105
Change %: +0.28%
Price: $8.99
Shares after: 37,205
Date: 16 Jun 2021
Ownership: Direct
Footnotes: F1, F2

TSRI transaction

Common Stock, $0.01 par value

Purchase

Transaction value: $115,155
Shares: +12,795
Change %: +34%
Price: $9.00
Shares after: 50,000
Date: 16 Jun 2021
Ownership: Direct
Footnotes: F1, F2

TSRI holding

Common Stock, $0.01 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 498,884
Date: 16 Jun 2021
Ownership: By QAR Industries, Inc.
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote 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.

Footnote F3

Shares held by QAR Industries, Inc. of which the reporting person is President, Chairman of the Board and majority shareholder.