Arowana Inc. 4
4 · Arowana Inc. · Filed Jan 3, 2017
Insider Transaction Report
Form 4
Arowana Inc.ARWA
Hui Gary
DirectorCFO and CIO
Transactions
- Conversion
Right to Receive Ordinary Share
2016-12-28−60,432→ 0 total(indirect: By IRA)→ Ordinary Share (6,043 underlying) - Conversion
Redeemable Warrant
2016-12-28−60,432→ 0 total(indirect: By IRA)→ Ordinary Share of VivoPower International PLC (3,021 underlying) - Conversion
Ordinary Shares
2016-12-28+6,043→ 322,024 total(indirect: By IRA)
Footnotes (3)
- [F1]Beira Corp. is an entity controlled by Mr. Hui. Mr. Hui disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Hui is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F2]The issuer's rights were converted into ordinary shares of the issuer upon the issuer's completion of its initial business combination at a ratio of 1 ordinary share for every 10 rights.
- [F3]The issuer's warrants were converted into ordinary shares of VivoPower International PLC upon the issuer's completion of its initial business combination at a ratio of 1 ordinary share of VivoPower International PLC for every 20 warrants.