Ho Yuen Ching 4
4 · Nova Lifestyle, Inc. · Filed Aug 22, 2011
Insider Transaction Report
Form 4
Ho Yuen Ching
Chief Financial Officer10% Owner
Transactions
- Purchase
Common Stock, par value $.001
2011-08-18$1.50/sh+10,000$15,000→ 4,852,500 total - Purchase
Warrant (Right to Buy)
2011-08-18$1.50/sh+1,500$2,250→ 1,500 totalExercise: $2.00From: 2011-08-18Exp: 2014-08-18→ Common Stock, par value $.001 (1,500 underlying)
Footnotes (1)
- [F1]The Reporting Person acquired 10,000 units, each such unit consisting of 1 share of the Issuer's common stock and a warrant to purchase 15% of 1 share of the Issuer's common stock, at a purchase price of $1.50 per unit in a private placement offering conducted by the Issuer that closed on August 18, 2011. The warrants are immediately exercisable, expire on the third anniversary of their issuance and entitle the Reporting Person to purchase 1,500 shares of the Issuer's common stock at $2.00 per share.