SEC Form 4 · accession 0001185185-17-002205
Nova Lifestyle, Inc. · NVFY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Umesh Patel
Director
Period of report
Sep 26, 2017
Accepted (ET)
Oct 23, 2017 · 5:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001473334
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right-to-buy)F1 | $1.65 | Sep 26, 2017 | A | 100,000 | A | — | Sep 26, 2022 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F125% of the shares vested on 09/30/2017, 25% of the shares shall vest on 12/31/2017, 25% of the shares shall vest on 03/31/2018 and the remaining 25% of the shares shall vest on 06/30/2018.