January 16, 2025 · Form 4 insider transaction
MARROTT KARL TODD bought 100,000 shares of TSSI at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 5 days after the transaction.
These shares of common stock represent restricted stock previously granted to Mr. Marrott that were subject to financial performance vesting criteria that has been achieved. The restricted stock vests in installments as follows assuming Mr. Marrott remains employed through the vesting date: (1) 50,000 of the shares vested on the grant date, and (2) 50,000 of the shares will vest on January 1, 2026, and are subject to forfeiture.