SEC Form 4 · accession 0001209191-18-008990
ONE STOP SYSTEMS, INC. · OSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Steve D Cooper
Officer — President, CEO · Director · 10% Owner
Period of report
Feb 9, 2018
Accepted (ET)
Feb 9, 2018 · 6:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001394056
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 9, 2018 | S | 100,000 | $5.00 | D | 2,888,116 | I | By trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 9, 2018, the underwriters of One Stop Systems' initial public offering (the "IPO") partially exercised their over-allotment option to purchase 100,000 shares of common stock from the Cooper Revocable Trust, dated April 25, 2001. The transaction closed on February 9, 2018. The underwriters still have an option to purchase up to an additional 185,000 shares of common stock from the trust to cover additional over-allotments, if any.
- F2These shares are owned directly by the Cooper Revocable Trust dated April 25, 2001, a ten percent owner of the issuer, and indirectly by Steve Cooper as trustee of the trust. Steve Cooper is an officer and director of the issuer.