SEC Form 4 · accession 0001144204-15-045782
Sino Agro Food, Inc. · SIAF.QX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Solomon Yip Kun Lee
Officer — See Remarks · Director · 10% Owner
Period of report
Jun 15, 2015
Accepted (ET)
Aug 3, 2015 · 4:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001488419
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | Jun 15, 2015 | M | 707,071 | — | A | 707,071 | I | See Footnote |
| Common StockF1 | holding | — | — | — | 1,262,626 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Preferred Convertible StockF2 | — | Jun 15, 2015 | M | 7,000,000 | D | — | — | Common Stock | 707,071 | 0 | I |
Explanation of responses
- F1All figures reflect the 1 for 9.9 reverse stock split that was effectuated on December 16, 2014.
- F2Mr. Lee received the shares from the registrant upon conversion of his 7,000,000 shares of Series B Convertible Preferred Stock, which were convertible into common stock on a 9.9 for 1 basis, which he was the indirect owner of through his majority ownership of and control over the direct owner, Capital Adventure, Inc. The Series B Convertible Preferred Stock was convertible at any time at the option of the holder.
Remarks
Chief Executive Officer and Chairman