SEC Form 3 · accession 0001615774-18-015174
DATASEA INC. · DTSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zhixin Liu
Officer — CEO · Director · 10% Owner
Period of report
Dec 18, 2018
Accepted (ET)
Dec 28, 2018 · 7:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001631282
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1 | holding | — | — | — | 9,583,335 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to certain share escrow agreement dated December 18, 2018 (the "Share Escrow Agreement"), the Reporting Person agreed to place a total of 9,104,167 shares of common stock into escrow that may be cancelled in the event the Issuer does not meet the performance thresholds for the following 5 fiscal years set forth in the Share Escrow Agreement.