SEC Form 4 · accession 0001213900-16-017815
CHINA JO-JO DRUGSTORES, INC. · CJJD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lei Liu
Officer — CEO, Chairman of the Board · Director · 10% Owner
Period of report
Oct 11, 2016
Accepted (ET)
Oct 31, 2016 · 5:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001413263
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 11, 2016 | A | 949,000 | $1.69 | A | 8,150,482 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 949,000 shares of common stock granted to the Reporting Person to offset the debt the Company owed to the Reporting Person as of March 31, 2016.
- F2The issuance is based at a price of $1.69 per share, the closing price of October 11, 2016.
Remarks
The number of securities reported under Item 5 of Table I includes, but not limited to 6,030,000 shares held by Super Marvel Limited, of which the Reporting Person is the executive director and a shareholder, and as such, is deemed to have or share voting and investment controls over such shares. It does not include the option to purchase 180,000 share of the Common Stock that does not vest until November 18, 2017.