ROBERT E. FITZGERALD - 26 Oct 2021 Form 4 Insider Report for TSR INC (TSRI)

Signature
/s/ Robert E. Fitzgerald
Issuer symbol
TSRI
Transactions as of
26 Oct 2021
Transactions value $
$130,988
Form type
4
Filing time
28 Oct 2021, 17:00:33 UTC
Previous filing
17 Jun 2021
Next filing
01 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSRI Common Stock, $0.01 par value Purchase $1,754 +200 +0.4% $8.77 50,200 26 Oct 2021 Direct F1, F2
transaction TSRI Common Stock, $0.01 par value Purchase $88,161 +10,007 +19.93% $8.81 60,207 26 Oct 2021 Direct F1, F2
transaction TSRI Common Stock, $0.01 par value Purchase $4,515 +512 +0.85% $8.82 60,719 26 Oct 2021 Direct F1, F2
transaction TSRI Common Stock, $0.01 par value Purchase $3,064 +347 +0.57% $8.83 61,066 26 Oct 2021 Direct F1, F2
transaction TSRI Common Stock, $0.01 par value Purchase $44.00 +5 +0.01% $8.9 61,071 26 Oct 2021 Direct F1, F2
transaction TSRI Common Stock, $0.01 par value Purchase $2,069 +232 +0.38% $8.92 61,303 26 Oct 2021 Direct F1, F2
transaction TSRI Common Stock, $0.01 par value Purchase $144 +16 +0.03% $9 61,319 27 Oct 2021 Direct F1, F2
transaction TSRI Common Stock, $0.01 par value Purchase $165 +19 +0.03% $8.73 61,338 28 Oct 2021 Direct F1, F2
transaction TSRI Common Stock, $0.01 par value Purchase $8.00 +1 +0% $8.78 61,339 28 Oct 2021 Direct F1, F2
transaction TSRI Common Stock, $0.01 par value Purchase $26.00 +3 +0% $8.8 61,342 28 Oct 2021 Direct F1, F2
transaction TSRI Common Stock, $0.01 par value Purchase $7,277 +826 +1.35% $8.81 62,168 28 Oct 2021 Direct F1, F2
transaction TSRI Common Stock, $0.01 par value Purchase $12,136 +1,356 +2.18% $8.95 63,524 28 Oct 2021 Direct F1, F2
transaction TSRI Common Stock, $0.01 par value Purchase $10,800 +1,200 +1.89% $9 64,724 28 Oct 2021 Direct F1, F2
transaction TSRI Common Stock, $0.01 par value Purchase $819 +91 +0.14% $9.01 64,815 28 Oct 2021 Direct F1, F2
holding TSRI Common Stock, $0.01 par value 498,884 26 Oct 2021 By QAR Industries, Inc. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock award of 20,000 shares granted under the TSR, Inc. 2020 Equity Incentive Plan. The shares of restricted stock will remain subject to forfeiture during three years, during such time the forfeiture restrictions will lapse with respect to 10,000 shares, 5,000 shares and 5,000 shares respectively on each anniversary date of the grant date. The lapse of the forfeiture restrictions is conditioned on the reporting person continuing to provide services to TSR, Inc. (the "Company") through each vesting date.
F2 Includes restricted stock award of 10,000 shares granted under the TSR, Inc. 2020 Equity Incentive Plan. The shares of restricted stock will remain subject to forfeiture over three years until the Company's common stock have traded at certain pre-determined price thresholds for a 30-trading-day period. Once a price threshold was achieved by certain target dates, the forfeiture restrictions for the portion of the award related to that threshold will lapse, provided that the reporting person continues to provide services to the Company at the time of vesting.
F3 Shares held by QAR Industries, Inc. of which the reporting person is President, Chairman of the Board and majority shareholder.