SEC Form 4 · accession 0001213900-17-010196
China Commercial Credit Inc · GLG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yang Jie
Officer — VP of Finance · 10% Owner
Period of report
Sep 29, 2017
Accepted (ET)
Oct 2, 2017 · 5:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001556266
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001F1 | Sep 29, 2017 | P | 452,486 | $1.81 | A | 4,134,286 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantF1 | $2.26 | Sep 29, 2017 | P | 158,370 | A | Sep 29, 2017 | Sep 29, 2022 | Common Stock | 158,370 | 158,370 | D |
Explanation of responses
- F1On September 29, 2017, Yang Jie (the "Reporting Person ") purchased 452,486 shares of the Issuer's common stock and a warrant to purchase 158,370 shares of the Issuer's common stock with an initial exercise price of $2.26 per share for an aggregate purchase price of $819,000 pursuant to certain securities purchase agreement dated September 27, 2017.