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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.