Filing Details
- Accession Number:
- 0001185185-23-001297
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-12-13 21:56:37
- Reporting Period:
- 2021-03-29
- Accepted Time:
- 2023-12-13 21:56:37
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1236275 | Silversun Technologies Inc. | SSNT | Services-Computer Processing & Data Preparation (7374) | 161633636 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1281134 | P Joseph Macaluso | 167 Tennis Court Wall Township NJ 07719 | Chief Financial Officer | No | Yes | 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 | Acquisiton | 2023-12-11 | 2,803 | $9.82 | 2,803 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-12-11 | 4,641 | $9.82 | 7,444 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-12-13 | 7,444 | $9.85 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option | Acquisiton | 2021-03-29 | 8,370 | $0.00 | 8,370 | $6.53 |
| Common Stock | Stock Option | Acquisiton | 2021-10-14 | 11,630 | $0.00 | 11,630 | $5.90 |
| Common Stock | Stock Option | Disposition | 2023-12-11 | 8,370 | $0.00 | 2,803 | $6.53 |
| Common Stock | Stock Option | Disposition | 2023-12-11 | 11,630 | $0.00 | 4,641 | $5.90 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 8,370 | 2026-03-29 | No | 4 | A | Direct | |
| 11,630 | 2026-10-14 | No | 4 | A | Direct | |
| 0 | 2026-03-29 | No | 4 | M | Direct | |
| 0 | 2026-10-14 | No | 4 | M | Direct |
Footnotes
- Represents a cashless exercise of outstanding stock options to purchase 8,370 shares of common stock. Mr. Joseph Macaluso received 2,803 shares of common stock and surrendered 5,567 shares of common stock underlying the option in payment of the exercise price. The cashless exercise was based on the market price of $9.82. This price is the average of the closing trading price of the Issuer's common stock on the 5 trading days ending on and including December 8, 2023.
- Represents a cashless exercise of outstanding stock options to purchase 11,630 shares of common stock. Mr. Joseph Macaluso received 4,641 shares of common stock and surrendered 6,989 shares of common stock underlying the option in payment of the exercise price. The cashless exercise was based on the market price of $9.82. This price is the average of the closing trading price of the Issuer's common stock on the 5 trading days ending on and including December 8, 2023.
- The average of the closing trading price of the Issuer's common stock on the 5 trading days ending on and including December 8, 2023.
- Options become exercisable for 50% of the shares on the first anniversary of the grant and 50% of the shares on the second anniversary of the grant date.
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