James Mulford Olivier III - 16 Oct 2023 Form 3 Insider Report for TSS, Inc. (TSSI)

Signature
/s/ Christopher R. Johnson, Attorney-in-Fact
Issuer symbol
TSSI
Transactions as of
16 Oct 2023
Net transactions value
$0
Form type
3
Filing time
16 Nov 2023, 17:02:12 UTC
Next filing
28 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TSSI Common Stock 192,914 16 Oct 2023 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
holding TSSI Employee Stock Option (Right to Buy) 16 Oct 2023 Common Stock 250,000 $0.3900 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option becomes exercisable in three installments as follows: (a) 83,333 on April 1, 2024, (b) 83,333 on April 1, 2025, and (c) 83,334 on April 1, 2026.