SEC Form 4 · accession 0001062993-18-002385
China Advanced Construction Materials Group, Inc · CADC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Xianfu Han
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
May 4, 2018
Accepted (ET)
May 24, 2018 · 3:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001392363
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 4, 2018 | A | 985,889 | $2,021,073.24 | A | 1,519,267 | D | |
| Common StockF2 | May 16, 2018 | S$0 | 1,362,700 | — | D | 156,567 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were issued to offset the payables in the amount of approximately $2,021,073.24 from the Company to the Reporting Person at $2.05 per share, the closing bid price quoted by Nasdaq on April 3, 2018.
- F2The share were sold to Hou Sing International Business Limited ("Hou Sing") pursuant to certain securities purchase agreement dated May 16, 2018 in consideration of Hou Sing's forgiveness of debt of $3,241,907 owned by the Reporting Person.