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ONE STOP SYSTEMS, INC. — Director's Dealing 2018
Apr 13, 2018
34051_dirs_2018-04-13_cc87c403-0e43-424c-839b-ab6cbaf48b28.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ONE STOP SYSTEMS INC (OSS)
CIK: 0001394056
Period of Report: 2018-04-11
Reporting Person: Morrison John W Jr. (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-04-11 | Restricted Stock Unit | $ | A | 50000 | Acquired | Common Stock (50000) | Direct |
Footnotes
F1: Each Restricted Stock Unit represents a contingent right to receive one share of OSS common stock. The closing price of OSS on April 11, 2018 was $4.17.
F2: Prior to the Initial Vesting Date, the Vested Ratio shall be zero. On the Initial Vesting Date, the Vested Ratio shall be 1/3, provided the Grantee's service has not been terminated prior to the Initial Vesting Date. For each quarter of Grantee service from the Initial Vesting Date until the
Vested Ratio equals 1/1, the Vested Ratio shall be increased by 1/12. This Restricted Stock Unit will be fully vested after three (3) years of service. Recognition of prior service period commencing September 1, 2017.