ONE STOP SYSTEMS, INC. — Director's Dealing 2023

Jun 6, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ONE STOP SYSTEMS, INC. (OSS)
CIK: 0001394056
Period of Report: 2023-06-05

Reporting Person: KNOWLES MICHAEL (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-05	Common Stock	A	400000	$0.00	Acquired	400000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-06-05	Stock Option (right to buy)	$2.94	A	400000	Acquired	2033-06-04	Common Stock (400000)	Direct

Footnotes

F1: Represents 400,000 restricted stock units granted to the Reporting Person outside of the Issuer's 2017 Equity Incentive Plan, as amended (the "Plan"), in connection with, and as a material inducement to, the hiring and appointment of the Reporting Person as President and Chief Executive Officer of the Issuer, which restricted stock units are subject to vesting conditions.

F2: Consists of 400,000 unvested restricted stock units held by the Reporting Person, all of which remain subject to certain vesting conditions.

F3: Represents non-qualified stock options to purchase 400,000 shares of of the Issuer's common stock, which stock options were granted to the Reporting Person outside of the Issuer's Plan, in connection with, and as a material inducement to, the hiring and appointment of the Reporting Person as President and Chief Executive Officer of the Issuer.

F4: The stock options vest shall vest over four years, with one fourth vesting on the one-year anniversary of the date of grant and the remaining stock options vesting in six equal installments, commencing six months after the one-year anniversary of the grant date and every six months thereafter until fully vested.