GANG LI 4
4 · NF Energy Saving Corp · Filed Apr 11, 2018
Insider Transaction Report
Form 4
GANG LI
DirectorPresident and CEO10% Owner
Transactions
- Sale
Common Stock
2018-04-09$1.40/sh−800,000$1,120,000→ 1,899,409 total(indirect: By Liaoning Nengfa Weiye New Energy Application Co., Ltd.)
Footnotes (1)
- [F1]On April 9, 2018, Pelaria International Ltd. ("Pelaria") sold an aggregate 1,000,000 shares of the Issuer's common stock in a private transaction. Pelaria is a wholly-owned subsidiary of Liaoning Nengfa Weiye New Energy Application Co., Ltd. ("Weiye Energy"). Weiye Energy is owned 80% by the Reporting Person and 20% by Lihua Wang, Chief Financial Officer and a director of the Issuer. The shares of common stock owned by Weiye Energy are deemed to be indirectly, beneficially owned by the Reporting Person and Ms. Wang. The shares indicated in this report represent the beneficial, pecuniary interest of the Reporting Person being disposed.