Yu Fan 5
5 · East Stone Acquisition Corp · Filed Feb 14, 2022
Insider Transaction Report
Form 5
Yu Fan
10% Owner
Transactions
- Sale
Ordinary Shares, no par value
2021-11-24−135,000→ 1,532,000 total(indirect: By Double Ventures Holdings Limited)
Footnotes (2)
- [F1]On November 24, 2021, Double Ventures Holdings Limited (the "Sponsor") transferred an aggregate of 135,000 ordinary shares of the Issuer to certain backstop investors, pursuant to certain share transfer agreements, dated November 12, 2021, in consideration of backstop investors' agreement to certain restrictions on transfer and redemption of their public shares and their favorable votes for the extension of the Issuer's timeframe to complete an initial business combination and to approve the initial business combination.
- [F2]The Reporting Person owns 66.7% of the Sponsor and shares voting and investment discretion with respect to the ordinary shares held by the Sponsor. Accordingly, the Reporting Person may be deemed to have or share voting and investment discretion with respect to the ordinary shares held by the Sponsor. The Reporting Person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest she may have therein, directly or indirectly.