SEC Form 4 · accession 0001185185-18-002171
Nova Lifestyle, Inc. · NVFY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Umesh Patel
Director
Period of report
Nov 7, 2018
Accepted (ET)
Dec 14, 2018 · 11:02 am EST
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 | $1.18 | Nov 7, 2018 | A | 100,000 | A | — | Nov 7, 2023 | Common | 100,000 | 100,000 | D |
Explanation of responses
- F125% of the options vest on 11/30/18, 25% of the options shall vest on 02/28/19, 25% of the options shall vest on 05/31/19 and the remaining 25% of the options shall vest on 08/31/19.