4//SEC Filing
Zheng Huihe 4
Accession 0001213900-24-077800
CIK 0001094032other
Filed
Sep 10, 8:00 PM ET
Accepted
Sep 11, 6:00 PM ET
Size
11.8 KB
Accession
0001213900-24-077800
Insider Transaction Report
Form 4
Zheng Huihe
DirectorCEO and President10% Owner
Transactions
- Award
Common Stock
2020-11-11+1,670→ 238,340 total - Purchase
Common Stock
2023-02-01$0.01/sh+120,000,000$972,000→ 121,588,100 total(indirect: See Footnote 1) - Conversion
Common Stock
2021-05-17+1,349,760→ 1,588,100 total - Conversion
Series C Convertible Preferred Stock
2021-05-17−368,114→ 531,886 total→ Common Stock (1,349,760 underlying)
Footnotes (3)
- [F1]On February 1, 2023, HW FUND purchased 120,000,000 shares of common stock for a purchase price of $972,000 in a public offering of the issuer (or 12,000,000 shares of common stock without giving effect to the forward stock split of all issued and outstanding common stock of the issuer at a ratio of 1-for-10 effected in April 2024 (the "2024 Forward Split").
- [F2]On May 17, 2021, Mr. Zheng converted 368,114 shares of Series C convertible preferred stock to 1,349,760 shares of common stock of the issuer where one share of Series C convertible preferred stock converted into approximately 3.67 shares of common stock (or 4,049,254 shares of common stock without giving effect of the reverse stock split of all issued and outstanding common stock of the Issuer at a ratio of 30-for-1 effected in August 2021 (the "2021 Reverse Split") and 2024 Forward Split (together with the 2021 Reverse Split, the "Stock Splits").
- [F3]On November 11, 2020, the board of directors of the issuer approved the issuance of 1,670 shares of common stock to Mr. Zheng as compensation for his service to the issuer as its Chief Executive Officer and chairman of the board of directors (or 5,000 shares of common stock without giving effect to the Stock Splits).
Documents
Issuer
QDM International Inc.
CIK 0001094032
Entity typeother
Related Parties
1- filerCIK 0001770982
Filing Metadata
- Form type
- 4
- Filed
- Sep 10, 8:00 PM ET
- Accepted
- Sep 11, 6:00 PM ET
- Size
- 11.8 KB