SEC Form 4 · accession 0001144204-18-020131
NF Energy Saving Corp · NFEC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Li Gang
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Apr 9, 2018
Accepted (ET)
Apr 11, 2018 · 4:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001213660
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 9, 2018 | S | 800,000 | $1.40 | D | 1,899,409 | I | By Liaoning Nengfa Weiye New Energy Application Co., Ltd. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 9, 2018, Pelaria International Ltd. ("Pelaria") sold an aggregate 1,000,000 shares of the Issuer's common stock in a private transaction. Pelaria is a wholly-owned subsidiary of Liaoning Nengfa Weiye New Energy Application Co., Ltd. ("Weiye Energy"). Weiye Energy is owned 80% by the Reporting Person and 20% by Lihua Wang, Chief Financial Officer and a director of the Issuer. The shares of common stock owned by Weiye Energy are deemed to be indirectly, beneficially owned by the Reporting Person and Ms. Wang. The shares indicated in this report represent the beneficial, pecuniary interest of the Reporting Person being disposed.