Chong Alexander C. 4
4 · VapAria Corp · Filed Dec 21, 2018
Insider Transaction Report
Form 4
VapAria CorpNONE
Chong Alexander C.
DirectorChief Executive Officer10% Owner
Transactions
- Award
Common stock
2018-12-21−50,000→ 37,640,000 total(indirect: See Note) - Award
stock option
2018-12-21+2,100,000→ 2,100,000 totalExercise: $0.20From: 2018-12-21Exp: 2023-12-21→ common stock (2,100,000 underlying)
Footnotes (1)
- [F1]The number of shares acquired represents shares of VapAria Corporation's common stock issued to Chong Corporation as a dividend on shares of 10% Series A Convertible Preferred Stock held by Chong Corporation pursuant to the designations, rights and preferences of such preferred stock. There is no public market for VapAria' s common stock. The number of shares of common stock beneficially owned after the acquisition includes: (i) 12,640,000 shares of common stock owned of record by ChinHak LLC, and (ii) 25,050,000 shares held of record by Chong Corporation. Mr. Chong holds voting and dispositive control over securities held by each of these entities. The number of shares of common stock beneficially owned by Mr. Chong excludes 3,000,000 shares beneficially owned by his spouse over which he has no direct or indirect pecuniary interest and disclaims beneficial ownership.