SEC Form 4 · accession 0001213900-17-010554
GD Culture Group Ltd · GDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Nathanial
Officer — President and Secretary · Director
Period of report
Oct 11, 2017
Accepted (ET)
Oct 13, 2017 · 5:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001641398
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 11, 2017 | P | 50,000 | $0.017 | D | 80,000 | I | By PN Family Holdings, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person purchased an aggregate of 50,000 shares ("Shares") of common stock of the issuer at the purchase price of $0.017 per share from Zhong Hui Holding Limited ("ZHHL") pursuant to that certain Securities Assignment Agreement dated October 11, 2017.
- F2The Reporting Person is the sole owner of PN Family Holdings, LLC. As such, the Reporting Person has sole voting and dispositive control over the shares of common stock held directly by PN Family Holdings, LLC and may be deemed to have an indirect pecuniary interest in such securities.