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ONE STOP SYSTEMS, INC. — Director's Dealing 2020
Feb 13, 2020
34051_dirs_2020-02-13_ba1bfc25-0a5e-4d43-8757-e25e90a09211.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: 2020-02-10
Reporting Person: Morrison John W Jr. (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-10 | Restricted Stock Unit | $ | A | 15000 | Acquired | Common Stock (15000) | 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 February 10, 2020 was $2.70.
F2: Prior to the Initial Vesting Date, the Vested Ratio shall be zero. On the Initial Vesting Date, the Vested Ratio shall be 1/6, provided the Grantee's service has not been terminated prior to the Initial Vesting Date. For each 6 month period of Grantee service from the Initial Vesting Date until the Vested Ratio equals 1/1, the Vested Ratio shall be increased by 1/6. This Restricted Stock Unit will be fully vested after three (3) years of service.