4//SEC Filing
Jie Yang 4
Accession 0001213900-18-001788
CIK 0001556266other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 6:19 AM ET
Size
13.5 KB
Accession
0001213900-18-001788
Insider Transaction Report
Form 4
Jie Yang
10% Owner
Transactions
- Purchase
Common Stock, par value $0.001
2017-12-12$3.50/sh+150,000$525,000→ 3,484,386 total - Sale
Common Stock, par value $0.001
2018-02-08$1.50/sh−2,941,511$4,412,267→ 542,875 total - Sale
Common Stock, par value $0.001
2018-02-08$1.50/sh−819,900$1,229,850→ 0 total(indirect: See footnote) - Purchase
Warrant
2017-09-29+158,370→ 158,370 totalExercise: $2.26From: 2017-09-29Exp: 2022-09-29→ Common Stock (158,370 underlying) - Purchase
Warrant
2017-12-12+60,000→ 60,000 totalExercise: $4.20From: 2017-12-12Exp: 2022-12-11→ Common stock (60,000 underlying)
Footnotes (4)
- [F1]The Reporting Person acquired an aggregate of 150,000 shares of common stock, at the purchase price of $3.50, and received warrants to initially purchase an aggregate of 60,000 shares of common stock with an exercise price of $ 4.20 per share in a registered direct offering of the Issuer.
- [F2]On February 8, 2018, the Reporting Person sold 2,941,511shares in a private transaction for a per share purchase price of $1.50 pursuant to certain Share Purchase Agreement dated February 7, 2018 by and among Daqin International Business HK Limited.and Yang Jie as sellers Shuxiang Zhang, Qun Ma and Wenlong Deng as buyers.
- [F3]These shares of common stock are owned by Daqin International Business HK Limited ("Daqin"), an entity owned by Daqin BVI, a company incorporated in British Virgin Island. Since Mr. Yang Jie is the sole shareholder and sole director of Daqin BVI, he may be deemed as the beneficial owner of the shares owned Daqin.
- [F4]On September 29, 2017, Yang Jie (the "Reporting Person") purchased 452,486 shares of the Issuer's common stock and a warrant to purchase 158,370 shares of the Issuer's common stock with an initial exercise price of $2.26 per share for an aggregate purchase price of $819,000 pursuant to certain securities purchase agreement dated September 27, 2017.
Documents
Issuer
China Commercial Credit Inc
CIK 0001556266
Entity typeother
Related Parties
1- filerCIK 0001688572
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 6:19 AM ET
- Size
- 13.5 KB