Anthony Angelini - 28 Dec 2021 Form 4 Insider Report for TSS, Inc. (TSSI)

Signature
/s/ Christopher R. Johnson, Attorney-in-Fact
Issuer symbol
TSSI
Transactions as of
28 Dec 2021
Net transactions value
+$0.16
Form type
4
Filing time
30 Dec 2021, 19:09:54 UTC
Previous filing
03 Nov 2021
Next filing
29 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSSI Common Stock Options Exercise $25,000 +250,000 +21% $0.1000* 1,445,899 28 Dec 2021 Direct
transaction TSSI Common Stock Tax liability $25,000 -52,083 -3.6% $0.4800 1,393,816 28 Dec 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TSSI Employee Stock Option Options Exercise $0 -250,000 -33% $0.000000 500,000 28 Dec 2021 Common Stock 250,000 $0.1000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 375,000 shares of the original grant vested on April 10, 2018, and 375,000 shares of the original grant vested on April 10, 2019.