EUPA INTERNATIONAL CORP /NV/ 4

4 · EUPA INTERNATIONAL CORP /NV/ · Filed Jul 31, 2003

Form 4

Period: 2002-03-01

10% Owner

Transactions

Sale
Common Stock
2002-03-01$4.00/sh−92,200$368,800→ 0 total(indirect: By wholly owned subsidiary Tsann Pao Co.)
Other
Common Stock
2002-03-02$4.00/sh+92,200$368,800→ 200,000 total(indirect: By wholly owned subsidiary Tsann Pao Co.)

Holdings

Footnotes (3)

[F1]Date of first repurchase; repurchases continued through 9/26/2002.
[F2]On or about March 1, 2002, Tsann Pao, a wholly owned subsidiary of the Reporting Person, sold 92,200 shares of Common Stock (the "Subject Shares") at a price of $4 per share to individuals in Taiwan (the "Purchasers") through a Taiwanese broker. Under the agreement between Tsann Pao and the broker, the sale of the Subject Shares to individuals in Taiwan by the broker was to be done in compliance with Taiwanese securities laws. Subsequent to the sale, the Reporting Person and Tsann Pao discovered that the broker may not have sold the Subject Shares in compliance with Taiwanese securities laws. Accordingly, the Reporting Person and Tsann Pao rescinded the sales and arranged for the repurchase of the Subject Shares from the Purchasers at $4 per share.
[F3]The Reporting Person also indirectly owns options to purchase 800,000 shares of Common Stock, the beneficial ownership of which has not changed since the Reporting Person's previous Form 4.

Documents

1 file