TSR, Inc. (NASDAQ:TSRI) Files An 8-K Changes in Control of Registrant
Item 5.01 Changes in Control of Registrant.

On March 9, 2017, the JW Hughes Family LLC (the “Family LLC”) was dissolved and all of the 875,151 shares of common stock of TSR, Inc. (the “Company”) held by the Family LLC will be distributed to its members in accordance with their respective percentage interests in the Family LLC. The 875,151 shares of the Company’s common stock held by the Family LLC represent approximately 44.6% of the Company’s outstanding common stock. The members of the Family LLC consisted of Joseph F. Hughes, the Company’s Chairman, President, Chief Executive Officer and Treasurer, and members of his family, and Joseph F. Hughes is the sole manager of the Family LLC. The Family LLC was dissolved for estate planning purposes. In connection with its dissolution, the Family LLC distributed 712,657 shares of the Company’s common stock to Joseph F. Hughes and 106,834 shares of the Company’s common stock to Winifred Hughes, Joseph F. Hughes’ spouse.

As a result of these distributions from the Family LLC, Joseph F. Hughes is the direct holder of a total of 756,339 shares of the Company’s common stock, representing approximately 38.6% of the Company’s outstanding common stock; Winifred Hughes is the direct holder of a total of 107,634 shares of the Company’s common stock, representing approximately 5.5% of the Company’s outstanding common stock; and Joseph F. Hughes and Winifred Hughes together are the direct holders of a total of 863,973 shares of the Company’s common stock, representing approximately 44.1% of the Company’s outstanding common stock.

About TSR, Inc. (NASDAQ:TSRI)

TSR, Inc. is engaged in providing contract computer programming services to its customers. The Company provides its customers with technical computer personnel. It provides its customers with technical computer personnel to supplement their in-house information technology (IT) capabilities. The Company offers staffing capabilities in the areas of mainframe and mid-range computer operations, personal computers and client-server support, Internet and e-commerce operations, voice and data communications (including local and wide area networks), and help desk support. It provides services on day-to-day operations, special projects and on short-term or long-term basis. It also offers various services to other companies in various sectors, such as insurance, pharmaceutical and biotechnology, publishing and new media, financial services and project utilities. It provides contract computer programming services in the New York metropolitan area, New England and the Mid-Atlantic region.

TSR, Inc. (NASDAQ:TSRI) Recent Trading Information

TSR, Inc. (NASDAQ:TSRI) closed its last trading session 00.00 at 5.10 with 34,941 shares trading hands.