John David Schachtel - 14 Oct 2021 Form 4/A - Amendment Insider Report for SilverSun Technologies, Inc. (QXO)

Source evidence Original filing metadata and source links for verification. 6 source fields
SEC form
4/A - Amendment
Accepted by SEC
15 Dec 2023, 18:06:34 UTC
Original report date
13 Dec 2023
Prior SEC filing
16 Sep 2021
Next SEC filing
04 Jan 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John David Schachtel

Key filing fact

John David Schachtel filed Form 4/A - Amendment for SilverSun Technologies, Inc. (QXO) on 15 Dec 2023.

Key facts

  • This page summarizes John David Schachtel's Form 4/A - Amendment filing for SilverSun Technologies, Inc. (QXO).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 15 Dec 2023, 18:06.

Change

  • Previous filing in this sequence was filed on 16 Sep 2021.
  • Current net transaction value: +$78,373.

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/A - Amendment disclosures.

View source filing

Reported non-derivative transactions

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

SSNT transaction

Common Stock

Options Exercise

Transaction value
$78,373
Shares
+7,981
Change %
+5542%
Price
$9.82
Shares after
8,125
Date
11 Dec 2023
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SSNT transaction Derivative

Stock Option

Award

Transaction value
$0
Shares
+20,000
Change %
Price
$0.000000
Shares after
20,000
Date
14 Oct 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
20,000
Exercise price
$5.90
Footnotes
F3
SSNT transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-20,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
11 Dec 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,981
Exercise price
$5.90
Footnotes
F1, 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

Represents a cashless exercise of outstanding stock options to purchase 20,000 shares of common stock. Mr. John Schachtel received 7,981 shares of common stock and surrendered 12,019 shares of common stock underlying the option in payment of the exercise price. The cashless exercise was based on the market price of $9.82. This price is the average of the closing trading price of the Issuer's common stock on the 5 trading days ending on and including December 8, 2023.

Footnote F2

The average of the closing trading price of the Issuer's common stock on the 5 trading days ending on and including December 8, 2023.

Footnote F3

Options become exercisable for 50% of the shares on the first anniversary of the grant and 50% of the shares on the second anniversary of the grant date.

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