John K. Penver - 24 Feb 2023 Form 4 Insider Report for TSS, Inc. (TSSI)

Role
Chief Financial Officer
Signature
/s/ Christopher R. Johnson, Attorney-in-Fact
Issuer symbol
TSSI
Transactions as of
24 Feb 2023
Net transactions value
$0
Form type
4
Filing time
28 Feb 2023, 19:47:07 UTC
Previous filing
04 Jan 2023
Next filing
18 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSSI Common Stock Award $0 +100,000 +12% $0.000000 967,274 24 Feb 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock represent restricted stock granted pursuant to an award agreement between Mr. Penver and the Issuer and are subject to forfeiture. The restricted stock awarded will vest in installments as follows: (1) 33,333 shares will vest on February 24, 2024, (2) 33,333 shares will vest on February 24, 2025, and (3) 33,334 shares will vest on February 24, 2026.