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STAF Staffing 360 Solutions Inc

0.265
0.0126 (4.99%)
After Hours
Last Updated: 21:02:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Staffing 360 Solutions Inc NASDAQ:STAF NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0126 4.99% 0.265 0.2002 0.265 0.27 0.25 0.2697 45,689 21:02:00

Initial Statement of Beneficial Ownership (3)

15/01/2021 10:49pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Anwar M Khalid
2. Date of Event Requiring Statement (MM/DD/YYYY)
12/15/2020 

3. Issuer Name and Ticker or Trading Symbol

Staffing 360 Solutions, Inc. [STAF]
(Last)        (First)        (Middle)

C/O STAFFING 360 SOLUTIONS, INC., 641 LEXINGTON AVE, 27TH FLOOR
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
SVP, Corporate Finance /
(Street)

NEW YORK, NY 10022      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

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, $0.00001 par value per share 10000 (1)(2)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Restricted Stock Units  (3)12/31/2020 Common Stock 7500 $0.00 (2)D  

Explanation of Responses:
(1) On October 27, 2020, the reporting person was awarded 2,500 shares of restricted stock, which are all vested.
(2) On June 20, 2020, the reporting person was granted 15,000 PRSUs. The PRSUs vest (i) 50% on December 31, 2020 based on the reporting person being employed by the Issuer and in good standing as of such date and (ii) 50% based on the achievement of certain performance goals related to the average market price of the Issuer's common stock during the 90-day period ending on December 31, 2020. 50% of the PRSUs have vested based on the set of first criteria.
(3) Performance-based restricted stock units ("PRSUs") convert into common stock on a one-for-one basis.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Anwar M Khalid
C/O STAFFING 360 SOLUTIONS, INC.
641 LEXINGTON AVE, 27TH FLOOR
NEW YORK, NY 10022


SVP, Corporate Finance

Signatures
Khalid Anwar1/15/2021
**Signature of Reporting PersonDate

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