TSS, Inc. — Director's Dealing 2014

Mar 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TSS, Inc. (TSSI)
CIK: 0001320760
Period of Report: 2014-02-28

Reporting Person: Woodward Peter H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-28	Common Stock	P	89938	$0.35	Acquired	915024	Indirect
2014-02-28	Common Stock	P	427857	$0.35	Acquired	427857	Indirect
2014-02-28	Common Stock	P	885714	$0.35	Acquired	885714	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	475000	Indirect

Footnotes

F1: The shares are owned by MHW Partners, L.P. The reporting person is the General Partner of MHW Partners, L.P. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person's pecuniary interest in the shares.

F2: The shares are owned by MHW SPV I, LLC. The reporting person is the Manager of MHW SPV I, LLC. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person's pecuniary interest in the shares.

F3: The shares are owned by unaffiliated third persons, and the reporting person has a right to a performance-related fee upon the disposition of such shares. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person's pecuniary interest in the shares.

F4: The shares are owned by SOAM Azul II, LLC. The reporting person is the Manager of SOAM Azul II, LLC. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person's pecuniary interest in the shares.