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DSS, INC. Director's Dealing 2011

Feb 24, 2011

35136_dirs_2011-02-24_c9f58463-3d20-45fd-97b5-19955049c5ac.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOCUMENT SECURITY SYSTEMS INC (DMC)
CIK: 0000771999
Period of Report: 2011-02-22

Reporting Person: WICKER DAVID MICHAEL (Director, VP, Research and Development)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-22 Common Stock J 39999 Disposed 124834 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-06-05 Options $5.68 A 20000 Acquired 2013-06-05 Common Stock (20000) Direct
2009-02-12 Options $4 A 50000 Acquired 2014-02-11 Common Stock (50000) Direct

Footnotes

F1: Transaction code J: 39,999 shares common stock transferred pursuant to a contractual requirement.

F2: Options vest pro ratably in three equal annual installments on June 5th, 2009, 2010 and 2011.

F3: Options vest pro ratably in three equal installments on February 12, 2010, 2011, 2012.