Michael N. Taglich - Jan 1, 2022 Form 4 Insider Report for DecisionPoint Systems, Inc. (DPSI)

Role
Director, 10%+ Owner
Signature
/s/ Melinda Wohl by Power of Attorney
Stock symbol
DPSI
Transactions as of
Jan 1, 2022
Transactions value $
$0
Form type
4
Date filed
7/5/2023, 03:28 PM
Previous filing
Dec 23, 2021
Next filing
Jan 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DPSI Common Stock Options Exercise +70.9K +9.85% 790K Jun 29, 2023 Direct F1
holding DPSI Common Stock 618 Jan 1, 2022 By Taglich Brothers, Inc. F2
holding DPSI Common Stock 6.69K Jan 1, 2022 By UTMA Account of Amanda Taglich F3
holding DPSI Common Stock 6.69K Jan 1, 2022 By UTMA Account of Stella Taglich F4
holding DPSI Common Stock 12.7K Jan 1, 2022 By UTMA Account of Lucy Taglich F5
holding DPSI Common Stock 6.34K Jan 1, 2022 By Hope A. Taglich First Party Supplemental Needs Trust F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DPSI Stock Option (Right to Buy) Award $0 +6K $0.00 6K Jan 1, 2022 Common Stock 6K $9.28 Direct
transaction DPSI Stock Option (Right to Buy) Award $0 +6K $0.00 6K Jan 1, 2023 Common Stock 6K $7.76 Direct
transaction DPSI Warrant Options Exercise $0 -70.9K -100% $0.00* 0 Jun 29, 2023 Common Stock 70.9K $1.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock were acquired by the reporting person upon the exercise of warrants for a $1.00 per share exercise price.
F2 The shares are held by Taglich Brothers, Inc., in which the reporting person has a controlling interest.
F3 The shares are held for Amanda Taglich, the child of the reporting person, through a custodial account established pursuant to the Uniform Transfer to Minors Act ("UTMA") for which the reporting person serves as custodian.
F4 The shares are held for Stella Taglich, the child of the reporting person, through a custodial account established pursuant to the UTMA for which the reporting person serves as custodian.
F5 The shares are held for Lucy Taglich, the child of the reporting person, through a custodial account established pursuant to the UTMA for which the reporting person serves as custodian.
F6 The shares are held by the Hope A. Taglich First Party Supplemental Needs Trust, for the benefit of the reporting person's child and for which the reporting person serves as trustee.

Remarks:

Exhibit Index: Exhibit 24--Power of Attorney