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QXO, Inc. — Director's Dealing 2016
Aug 4, 2016
30485_dirs_2016-08-04_c958841d-dc30-48ab-be31-7e52fa26ea49.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SilverSun Technologies, Inc. (SSNT)
CIK: 0001236275
Period of Report: 2016-07-28
Reporting Person: Meller Mark (Director, Chief Executive Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-07-28 | Series B Preferred Stock, par value $0.001 per share | J | 1 | $100 | Acquired | 2006534 | Direct |
Footnotes
F1: Pursuant to the Preferred Stock Purchase Agreement entered into by SilverSun Technologies, Inc. and Mr. Mark Meller on July 28, 2016, SilverSun Technologies, Inc. issued Mr. Meller one (1) share of the Company's previously authorized but unissued Series B Preferred Stock in exchange for (i) $100 in cash and (ii) as partial consideration for Mr. Meller's personal guarantee of that certain Note issued by SilverSun Technologies, Inc.in favor of a commercial lender. Each one (1) share of Series B Preferred Stock shall have voting rights equal to (x) 0.019607 multiplied by the total issued and outstanding Common Stock eligible to vote at the time of the respective vote (the ?Numerator?), divided by (y) 0.49, minus (z) the Numerator.