Filing Details
- Accession Number:
- 0001213900-22-072853
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-11-15 17:02:23
- Reporting Period:
- 2022-11-14
- Accepted Time:
- 2022-11-15 17:02:23
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
98338 | Tsr Inc | TSRI | Services-Computer Programming Services (7371) | 132635899 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1650715 | Timothy Howard Eriksen | 8695 Glendale Rd. Custer WA 98240 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, $0.01 Par Value | Acquisiton | 2022-11-14 | 3,508 | $7.31 | 7,012 | No | 4 | P | Indirect | See footnote |
Common Stock, $0.01 Par Value | Acquisiton | 2022-11-15 | 1,029 | $7.40 | 8,041 | No | 4 | P | Indirect | See footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See footnote |
No | 4 | P | Indirect | See footnote |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock, $0.01 Par Value | 26,800 | Direct |
Footnotes
- Mr. Eriksen is the Managing Member of Eriksen Capital Management ("ECM") which manages separately managed accounts ("SMAs") and is also the Managing Member of Cedar Creek Partners, an investment partenrship. ECM executed open market purchases for 4,537 shares of common stock in various SMAs, including 1,701 shares for accounts of adult children of Mr. Eriksen. The respective owners of the SMAs are responsible to vote the shares. The reporting person disclaims benefiical ownership of the reported securities except to the extent of his pecuniary interest therein.
- These shares are owned solely by Mr. Eriksen. They represent restricted stock awards granted under the TSR, Inc. 2020 Equity Incentive Plan. Of these shares, 6,800 are fully vested and 20,000 of these shares of restricted stock will remain subject to forfeiture for three years from 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.