SEC Form 4 · accession 0001213900-17-009384
iFresh Inc · IFMK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lilly Deng
Officer — VP of Legal and Finance · Director · 10% Owner
Period of report
May 10, 2017
Accepted (ET)
Sep 1, 2017 · 4:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001681941
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3 | May 10, 2017 | P | 56,000 | $8.93 | A | 11,176,000 | I | By Husband |
| Common StockF3 | Jun 16, 2017 | S | 20,000 | $8.93 | D | 11,156,000 | I | By Husband |
| Common StockF3 | Jun 16, 2017 | C | 16,000 | $8.93 | A | 11,172,000 | I | By Husband |
| Common StockF3 | Jul 12, 2017 | C | 16,000 | $8.93 | A | 11,188,000 | I | By Husband |
| Common StockF1,F3 | Jul 13, 2017 | A | 50,000 | — | A | 11,238,000 | I | By Husband |
| Common StockF3 | Aug 15, 2017 | C | 192,000 | $8.93 | A | 11,430,000 | I | By Husband |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Agreement to PurchaseF3,F2 | $8.93 | May 10, 2017 | P | 224,000 | D | May 10, 2017 | — | Common Stock | 224,000 | 224,000 | I |
| Agreement to PurchaseF3,F2 | $8.93 | Jun 16, 2017 | C | 16,000 | D | May 10, 2017 | — | Common Stock | 16,000 | 208,000 | I |
| Agreement to PurchaseF3,F2 | $8.93 | Jul 12, 2017 | C | 16,000 | D | May 10, 2017 | — | Common Stock | 16,000 | 192,000 | I |
| Agreement to PurchaseF3,F2 | $8.93 | Jun 16, 2017 | C | 192,000 | D | May 10, 2017 | — | Common Stock | 192,000 | 0 | I |
Explanation of responses
- F1Issued by Company in consideration of the sale of a supermarket by Long Deng, the reporting person's husband, to the registrant.
- F2On May 10, 2017, the Long Deng, the reporting person's husband, entered into agreements to purchase 280,000 shares of common stock at a price of $8.93 per share. 56,000 of such shares were purchased immediately and the remaining shares were purchasable in three tranches over the course of a three month period.
- F3Solely Consists of shares beneficially owned by Long Deng, Mrs. Deng's husband.