SEC Form 4 · accession 0001209191-16-146007
XcelMobility Inc. · XCLL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zhixiong Wei
Officer — President and CEO · Director · 10% Owner
Period of report
Oct 14, 2016
Accepted (ET)
Oct 17, 2016 · 1:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001465509
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 14, 2016 | C | 500,000,000 | $0.001 | A | 500,000,000 | I | By Biz Wit Holdings Ltd. |
| Common Stock | holding | — | — | — | 20,000,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5% Convertible Promissory Note due 2016F1,F2 | $0.001 | May 6, 2016 | P | — | A | — | Dec 31, 2016 | Common Stock | 500,000,000 | — | I |
| 5% Convertible Promissory Note due 2016F1,F2 | $0.001 | Oct 14, 2016 | C | — | D | — | Dec 31, 2016 | Common Stock | 500,000,000 | — | I |
Explanation of responses
- F1The securities are held by Biz Wit Holdings Ltd., of which the reporting person is the president, beneficial owner, and controlling person thereof.
- F2The 5% convertible promissory note is exercisable immediately.