4//SEC Filing
Ho Family Trust 4
Accession 0001209191-17-054718
CIK 0000032621other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 5:59 PM ET
Size
8.2 KB
Accession
0001209191-17-054718
Insider Transaction Report
Form 4
Accolade (PTC) Inc.
10% Owner
Transactions
- Other
Common Stock, $0.01 par value per share
2017-09-26−15,243,283→ 0 total(indirect: See Footnotes)
Ho Family Trust
10% Owner
Transactions
- Other
Common Stock, $0.01 par value per share
2017-09-26−15,243,283→ 0 total(indirect: See Footnotes)
Footnotes (2)
- [F1]The shares of the issuer are owned directly by S&T International Distribution Ltd., which is a wholly owned subsidiary of Grande N.A.K.S. Ltd., which is a wholly owned subsidiary of The Grande Holdings Limited ("Grande"). On September 26, 2017, Wealth Warrior Global Limited acquired 3,616,495,378 shares of Grande, representing approximately 65.85% of the outstanding share capital of Grande, from Sino Bright Enterprises Co., Ltd., a wholly owned indirect subsidiary of the Ho Family Trust. Accolade (PTC) Inc. is the trustee of the Ho Family Trust. Upon consummation of the share transaction, Accolade (PTC) Inc. no longer beneficially controlled the voting and disposition of the shares of the issuer beneficially owned by Grande.
- [F2]Mr. Ho is a discretionary beneficiary of the Ho Family Trust and the Chairman of the Board of the issuer and, prior to the transaction described in footnote 1, may have been deemed to share beneficial ownership of the shares owned by S&T International Distribution Ltd. Mr. Ho disclaims beneficial ownership of the shares owned by S&T International Distribution Ltd. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, Mr. Ho is the beneficial owner of equity securities described in this statement as indirectly owned.
Documents
Issuer
EMERSON RADIO CORP
CIK 0000032621
Entity typeother
IncorporatedVirgin Islands, British
Related Parties
1- filerCIK 0001336945
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 5:59 PM ET
- Size
- 8.2 KB