SEC Form 4 · accession 0001634246-17-000001
Global Future City Holding Inc. · FTCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sam Liu
Other
Period of report
Mar 20, 2017
Accepted (ET)
Apr 28, 2017 · 3:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001164964
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 20, 2017 | J | 1,235,906 | $0.00 | D | 0 | I | Sole owner of Big Name Group Co., Ltd, a British Virgin Islands corporation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On October 21, 2016, Mr. Ning (Sam) Liu ("Mr. Liu") resigned as CEO, President, and Chairman of the Board of Directors of Global Future City Holding, Inc. (the "Company"), as well as from all other positions held with the Company's wholly-owned subsidiaries, effective immediately.
- F2On March 20, 2017, Mr. Liu, as sole owner of Big Name Group Co., Ltd., a British Virgin Islands corporation, entered into a Stock Issuance Cancellation Agreement with the Company whereby Mr. Liu cancelled and returned all 1,235,906 shares of the Company's common stock to the Company's treasury. The Reporting Person no longer owns any shares in the Company.