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TSS, Inc. — Director's Dealing 2013
May 22, 2013
33106_dirs_2013-05-22_6b0c51b5-6a25-4cc1-bd41-88867b4f9399.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: 2013-05-20
Reporting Person: McNerney Maura (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-05-20 | Employee Stock Option | $ | A | 200000 | Acquired | 2023-05-20 | Common Stock (200000) | 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 March 20, 2013.
F2: The option becomes exercisable in installments as follows: (1) 50,000 shares become exercisable on the first anniversary of the grant date, (2) 50,000 shares become exercisable on the second anniversary of the grant date, and (3) 100,000 shares become exercisable on the third anniversary of the grant date.
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