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TSS, Inc. — Director's Dealing 2012
Aug 17, 2012
33106_dirs_2012-08-16_b936cfd3-0e2f-4bae-8b5e-6cd7a6c7e355.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Fortress International Group, Inc. (FIGI.PK)
CIK: 0001320760
Period of Report: 2012-08-15
Reporting Person: Phelps Daniel J (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-08-15 | Employee Stock Option (Right to Buy) | $ | A | 150000 | Acquired | 2022-08-15 | Common Stock (150000) | Direct |
Footnotes
F1: Exercise price is equal to the average of the high and low bid prices for the Company's common stock reported daily on the OTCQB marketplace during the 20 trading days following August 15, 2012.
F2: The option becomes exercisable in three 50,000-share increments on the first, second, and third anniversaries of the grant date.
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