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Form 3 DecisionPoint Systems, For: May 04 Filed by: TAGLICH MICHAEL N

May 20, 2022 5:26 PM EDT
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
TAGLICH MICHAEL N

(Last) (First) (Middle)
1615 SOUTH CONGRESS AVENUE, SUITE 103

(Street)
DELRAY BEACH, FL 33445

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/04/2022
3. Issuer Name and Ticker or Trading Symbol
DecisionPoint Systems, Inc. [ DPSI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 756,787
D
 
Common Stock 6,686
I
By UTMA Account of Amanda Taglich (1)
Common Stock 6,686
I
By UTMA Account of Stella Taglich (2)
Common Stock 12,682
I
By UTMA Account of Lucy Taglich (3)
Common Stock 6,340
I
By Hope A. Taglich First Party Supplemental Needs Trust (4)
Common Stock 7,754
I
By Taglich Brothers, Inc. (5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) 01/20/2021 01/19/2025 Common Stock 5,000 1.58 D  
Stock Option (Right to Buy) 11/15/2021 11/14/2026 Common Stock 6,000 4.06 D  
Warrant (Right to Buy) 06/30/2018 06/30/2023 Common Stock 70,903 1 D  
Warrant (Right to Buy) 10/31/2018 10/31/2023 Common Stock 7,875 1.4 D  
Explanation of Responses:
1. 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.
2. 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.
3. 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.
4. 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.
5. The shares are held by Taglich Brothers, Inc., in which the reporting person has a controlling interest.
/s/ Michael Taglich 05/20/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


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