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TSS, Inc. Director's Dealing 2015

Mar 14, 2015

33106_dirs_2015-03-13_935baeee-6788-495f-a70d-a8532a72fd60.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TSS, Inc. (TSSI)
CIK: 0001320760
Period of Report: 2015-03-11

Reporting Person: Olsen Martin T. (EVP, Sales and Marketing)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-03-11 Common Stock A 80000 Acquired 380000 Direct

Footnotes

F1: These shares of common stock represent restricted stock granted pursuant to an award agreement between Mr. Olsen and the Issuer and are subject to forfeiture. The restricted stock awarded will vest in installments as follows: (1) 40,000 shares will vest on January 20, 2016 and (2) 40,000 shares will vest on January 20, 2017.

F2: These shares of restricted stock were granted to Mr. Olsen for his services as the Executive Vice President, Sales and Marketing of the Issuer.