0001209191-20-048785.txt : 20200831
0001209191-20-048785.hdr.sgml : 20200831
20200831164803
ACCESSION NUMBER: 0001209191-20-048785
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200827
FILED AS OF DATE: 20200831
DATE AS OF CHANGE: 20200831
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Reardon James M
CENTRAL INDEX KEY: 0001751953
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38371
FILM NUMBER: 201152050
MAIL ADDRESS:
STREET 1: 2235 ENTERPRISE ST STE 110
CITY: ESCONDIDO
STATE: CA
ZIP: 92029
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ONE STOP SYSTEMS, INC.
CENTRAL INDEX KEY: 0001394056
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571]
IRS NUMBER: 330885351
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2235 ENTERPRISE ST STE 110
CITY: ESCONDIDO
STATE: CA
ZIP: 92029
BUSINESS PHONE: 760-745-9883
MAIL ADDRESS:
STREET 1: 2235 ENTERPRISE ST STE 110
CITY: ESCONDIDO
STATE: CA
ZIP: 92029
FORMER COMPANY:
FORMER CONFORMED NAME: ONE STOP SYSTEMS INC
DATE OF NAME CHANGE: 20070322
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-08-27
0
0001394056
ONE STOP SYSTEMS, INC.
OSS
0001751953
Reardon James M
2235 ENTERPRISE ST.
STE 110
ESCONDIDO
CA
92029
0
1
0
0
President, CDI
Common Stock
2020-08-27
4
F
0
788
2.56
A
1118699
D
Restricted Stock Unit
2020-08-27
4
M
0
833
0.00
D
Common Stock
833
2501
D
Represents a "net stock issuance" of vested and outstanding Restricted Stock Units. The reporting person received 788 shares of common stock on the net stock issuance of 833 shares of common stock. The reporting person forfeited 45 shares of common stock underlying the vested and outstanding Restricted Stock Units to cover tax withholdings, using the closing stock price on August 26, 2020 of $2.56.
Restricted stock units convert into common stock on a one-for-one basis.
Prior to the Initial Vesting Date, the Vested Ratio shall be zero. On the Initial Vesting Date, the Vested Ratio shall be 1/6, provided the Grantee's service has not been terminated prior to the Initial Vesting Date. For each six month period of Grantee service from the Initial Vesting Date until the Vested Ratio equals 1/1, the Vested Ratio shall be increased by 1/6. This Restricted Stock Unit will be fully vested after three (3) years of service. The Initial Vesting Date shall be six months following the Date of Restricted Stock Unit Grant.
/s/James M. Reardon
2020-08-31