SEC Form 4 · accession 0001144204-16-083464
Sino-Global Shipping America, Ltd. · SINO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lei Cao
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Feb 11, 2016
Accepted (ET)
Feb 19, 2016 · 5:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001422892
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 11, 2016 | A | 300,000 | $0.00 | A | 1,630,040 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2 | $7.75 | May 20, 2008 | A | 36,000 | A | — | May 19, 2018 | Common Stock | 36,000 | 36,000 | D |
Explanation of responses
- F1On February 11, 2016, the Reporting Person was granted 300,000 shares of common stock, vested immediately. The grant was made under the Company's 2014 Equity Incentive Plan.
- F2The Options vest at a rate of 20% per year, with 20% vesting initially on May 19, 2009.