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ONE STOP SYSTEMS, INC. — Director's Dealing 2019
May 24, 2019
34051_dirs_2019-05-24_419ae3a7-3725-420f-a2af-4c99c5a1e56a.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: 2019-05-08
Reporting Person: Cooper Steve D (Director, President, CEO, 10% Owner)
Reporting Person: Cooper Revocable Trust dated April 25, 2001 (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-05-08 | Common Stock | F | 33485 | $0.75 | Acquired | 2967151 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-05-08 | Employee Stock Option (right to buy) | $0.75 | M | 100000 | Disposed | 2019-05-13 | Common Stock (100000) | Direct |
Footnotes
F1: Represents a "net exercise" of outstanding stock options. The reporting person received 33,485 shares of common stock on net exercise of option to purchase 100,000 shares of common stock. The reporting person forfeited 66,515 shares of common stock underlying the option in payment of the exercise price and to cover tax withholdings, using the closing stock price on May 8, 2019 of $2.38.
F2: These shares are owned directly by the Cooper Revocable Trust dated April 25, 2001, a ten percent owner of the issuer, and indirectly by Steve Cooper as trustee of the trust. Steve Cooper is an officer and director of the issuer.
F3: The option is fully vested.