SEC Form 4 · accession 0001144204-15-033317
Deyu Agriculture Corp. · DEYU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yam Sheung Kwok
10% Owner
Period of report
May 14, 2015
Accepted (ET)
May 22, 2015 · 9:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001467746
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 14, 2015 | S | 1,615,000 | $0.40 | D | 968,655 | I | See footnote |
| Common StockF2 | May 14, 2015 | S | 968,655 | $0.40 | D | 0 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Prior to the disposition described herein, the Reporting Person owned 100% of the issued and outstanding equity of each of (a) Sure Glory Holdings Limited, which directly owned 748,636 shares of common stock, par value $0.001 per share ("Common Stock"), (b) Charming Action Management Limited, which directly owned 616,364 shares of Common Stock, and (c) Golden Country Group Limited, which directly owned 250,000 shares of Common Stock and as a result, the Reporting Person indirectly owned 1,615,000 shares of Common Stock.
- F2Expert Venture Ltd., a British Virgin Islands entity ("Expert Venture"), directly owns an aggregate of 5,381,420 shares of Common Stock of Deyu Agriculture Corp., of which the Reporting Person held an 18% interest in Expert Venture, which represented 968,655 shares of Common Stock. The Reporting Person has disposed of his interest in Expert Venture. The Reporting Person disclaims beneficial ownership of the securities disposed of except to the extent of his pecuniary interest therein.