SEC Form 4 · accession 0001493152-18-005241
DSS, INC. · DSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph L. Sanders
Director
Period of report
Apr 12, 2018
Accepted (ET)
Apr 16, 2018 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000771999
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 650,033 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF2,F1 | $1.30 | Apr 12, 2018 | A | 10,000 | A | — | — | Common Stock | 10,000 | 90,000 | D |
Explanation of responses
- F1Options granted to the Reporting Person under the Company's Employee, Director and Consultant Equity Incentive Plan. The options vest 1/3 on 4/12/18, 1/3 on 4/12/19 and 1/3 on 4/12/20. The options grant expires on 4/12/23.
- F2Options grant was made to the Reporting Person in consideration of his services as a Director of the Company.