SEC Form 4 · accession 0001659367-17-000001
IONIX TECHNOLOGY, INC. · IINX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Ben Wong
10% Owner
Period of report
Jul 1, 2016
Accepted (ET)
Jan 11, 2017 · 6:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001528308
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 1, 2016 | S | 30,834,000 | $0.15 | D | 33,966,000 | I | See Footnote |
| Common StockF1,F2 | Jul 1, 2016 | G | 12,170,000 | $0.00 | D | 21,796,000 | I | See Footnote. |
| Preferred StockF1,F2 | holding | — | — | — | 5,000,000 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shining Glory Investments Limited sold 30,834,000 shares of the Company's restricted common stock pursuant to private stock purchase agreements with 53 individuals, each of who paid 1 CNY ($0.15 USD) per share. Additionally, the reporting person made an aggregate bonafide gift of 12,170,000 restricted common stock shares to 17 individuals. Following the disposition of the shares the reporting person owns 21,796,000 shares of common stock of the Company. The reporting person is also the indirect beneficial owner of 5,000,000 shares of preferred stock of the Company.
- F2The reporting person is the sole officer and director of Shining Glory Investments Limited, and thus, indirectly owns these shares.