0001213900-21-005578.txt : 20210201
0001213900-21-005578.hdr.sgml : 20210201
20210201070909
ACCESSION NUMBER: 0001213900-21-005578
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210128
FILED AS OF DATE: 20210201
DATE AS OF CHANGE: 20210201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Salerno Thomas C
CENTRAL INDEX KEY: 0001806218
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38838
FILM NUMBER: 21574322
MAIL ADDRESS:
STREET 1: 600 WEST SADDLE RIVER ROAD
CITY: UPPER SADDLE RIVER
STATE: NJ
ZIP: 07548
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TSR INC
CENTRAL INDEX KEY: 0000098338
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
IRS NUMBER: 132635899
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0531
BUSINESS ADDRESS:
STREET 1: 400 OSER AVE
CITY: HAUPPAUGE
STATE: NY
ZIP: 11788
BUSINESS PHONE: 5162310333
MAIL ADDRESS:
STREET 1: 400 OSER AVENUE
CITY: HAUPPAUGE
STATE: NY
ZIP: 11788
FORMER COMPANY:
FORMER CONFORMED NAME: TIME SHARING RESOURCES INC
DATE OF NAME CHANGE: 19840129
4
1
ownership.xml
OWNERSHIP DOCUMENT
X0306
4
2021-01-28
0
0000098338
TSR INC
TSRI
0001806218
Salerno Thomas C
400 OSER AVENUE, SUITE 150
HAUPPAUGE
NY
11788
0
1
0
0
Chief Executive Officer
Common Stock
2021-01-28
4
A
0
23333
0
A
23333
D
Common Stock
2021-01-28
4
A
0
16667
0
A
40000
D
Represents restricted stock award 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 13,333 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.
Represents restricted stock award 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.
/s/ Thomas Salerno
2021-02-01