SEC Form 4 · accession 0001493152-18-017792
VapAria Corp · XXXX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alexander C. Chong
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Dec 19, 2018
Accepted (ET)
Dec 21, 2018 · 12:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001479915
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Dec 21, 2018 | A | 50,000 | — | D | 37,640,000 | I | See Note |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| stock option | $0.20 | Dec 21, 2018 | A | 2,100,000 | A | Dec 21, 2018 | Dec 21, 2023 | common stock | 2,100,000 | 2,100,000 | D |
Explanation of responses
- F1The number of shares acquired represents shares of VapAria Corporation's common stock issued to Chong Corporation as a dividend on shares of 10% Series A Convertible Preferred Stock held by Chong Corporation pursuant to the designations, rights and preferences of such preferred stock. There is no public market for VapAria' s common stock. The number of shares of common stock beneficially owned after the acquisition includes: (i) 12,640,000 shares of common stock owned of record by ChinHak LLC, and (ii) 25,050,000 shares held of record by Chong Corporation. Mr. Chong holds voting and dispositive control over securities held by each of these entities. The number of shares of common stock beneficially owned by Mr. Chong excludes 3,000,000 shares beneficially owned by his spouse over which he has no direct or indirect pecuniary interest and disclaims beneficial ownership.