Lai Sam 4
4 · Hour Loop, Inc · Filed Oct 4, 2023
Insider Transaction Report
Form 4
Hour Loop, IncHOUR
Lai Sam
DirectorChief Executive Officer10% Owner
Transactions
- Award
Common Stock
2023-10-02+1,948→ 16,660,853 total
Holdings
- 16,660,853(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Represents a grant, approved by the issuer's Board of Directors, of restricted stock to the reporting person, as compensation for services rendered.
- [F2]Represents shares owned by Sau Kuen Yu, Mr. Lai's spouse. Ms. Yu is the issuer's Senior Vice President and a member of the issuer's Board of Directors. Together, Mr. Lai and Ms. Yu beneficially own 33,321,706 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,321,706 shares of the issuer's common stock, as each of them is deemed to indirectly beneficially own the other's 16,660,853 shares.