SEC Form 3 · accession 0001065949-19-000016
NOCERA, INC. · NCRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yin-Chieh Cheng
Officer — CFO and Chairman · Director
Period of report
Dec 27, 2018
Accepted (ET)
Jan 31, 2019 · 6:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001756180
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 5,250,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class "A" WarrantsF1 | $0.50 | holding | — | — | — | Dec 27, 2018 | Apr 16, 2023 | Common Stock | 5,000,000 | — | D |
Explanation of responses
- F1In consideration for Mr. Cheng's acceptance to serve as an officer and director of the company effective December 31, 2018, the Company granted up to 5,000,000 Series "A" Warrants to purchase shares of its common stock to Mr. Cheng, subject to vesting for time served. The following vesting schedule applies: 250,000 shares per quarter over a twenty-quarter period (5 years) issuable quarterly on the last day of each calendar quarter so long as Mr. Cheng serves as an officer and director of the Company at the time of scheduled vesting.