SEC Form 4 · accession 0001144204-19-013477
GENERAL STEEL HOLDINGS INC · GSIH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Golden Eight Investments Ltd
10% Owner
Period of report
Dec 13, 2018
Accepted (ET)
Mar 12, 2019 · 2:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001239188
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001F2 | Dec 13, 2018 | S | 4,166,640 | $0.20 | D | 633,360 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Private sale of shares.
- F2Represents Shares sold by Golden Eight Investments Limited ("Golden Eight"). Zuosheng Yu, the Chairman and Chief Executive Officer of the Issuer, is the sole director of Golden Eight. Golden Eight is wholly owned by The GSI Family Trust U/A/D 01/21/10 (the "Trust"). J.P. Morgan Trust Company of Delaware ("J.P. Morgan") is trustee of the Trust and disclaims beneficial ownership of the reported securities, and this Form 4 shall not be deemed an admission that J.P. Morgan is the beneficial owner of the reported securities for any purposes. Mr. Yu has sole power of revocation over the Trust and is the sole member of the Investment Committee of the Trust. As such, Mr. Yu has voting and investment control directly over the securities held by the Trust and indirectly over the securities held by Golden Eight.