Zhang Bing 4
4 · GLORY STAR NEW MEDIA GROUP HOLDINGS Ltd · Filed Apr 24, 2020
Insider Transaction Report
Form 4
Zhang Bing
DirectorChief Executive Officer10% Owner
Transactions
- Award
Ordinary Shares
2020-04-22+1,846,900→ 17,066,863 total(indirect: I)
Footnotes (1)
- [F1]Mr. Bing Zhang is the sole shareholder and director of Happy Starlight Limited, which holds 17,066,863 shares of the Issuer's ordinary shares. The 1,846,900 ordinary shares were issued pursuant to an earnout under the Share Exchange Agreement dated as of September 6, 2019, as amended ("Share Exchange Agreement"), by and among the TKK Symphony Acquisition Corporation, the Issuer's predecessor ("TKK"), Glory Star New Media Group Limited, a Cayman Islands exempted company ("Glory Star"), Glory Star New Media (Beijing) Technology Co., Ltd., a wholly foreign-owned enterprise limited liability company incorporated in the People's Republic of China ("PRC") and indirectly wholly-owned by Glory Star, Xing Cui Can International Media (Beijing) Co., Ltd., a limited liability company incorporated in the PRC, Horgos Glory Star Media Co., Ltd., a limited liability company incorporated in the PRC, each of Glory Star's shareholders (collectively, the "Sellers"), TKK Symphony Sponsor 1, TKK's sponsor, in the capacity as the representative from and after the closing of the Business Combination for TKK's shareholders other than the Sellers, and Bing Zhang, in the capacity as the representative for the Sellers thereunder, pursuant to which the Issuer acquired 100% of the equity interests of Glory Star from the Sellers.