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Alset Inc. — Director's Dealing 2021
May 7, 2021
34175_dirs_2021-05-06_eb2c375f-85b9-4fb8-9792-286cb061e5db.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Alset EHome International Inc. (AEI)
CIK: 0001750106
Period of Report: 2021-05-04
Reporting Person: Chan Heng Fai Ambrose (Director, Chief Executive Officer, 10% Owner)
Reporting Person: HFE Holdings Ltd (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-04 | Common Stock | J | 6380000 | — | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-04 | Series A Convertible Preferred Stock | $ | J | 6380 | Acquired | Common Stock (6380000) | Indirect |
Footnotes
F1: The reporting person exchanged 6,380,000 shares of common stock for 6,380 shares of Series A Convertible Preferred Stock.
F2: These shares are owned directly by HFE Holdings Limited. Chan Heng Fai, the Chairman of the Board and Chief Executive Officer of Alset EHome International Inc., also indirectly beneficially owns all shares owned by HFE Holdings Limited. Mr. Chan has voting and investment power with respect to such shares.
F3: Each share of preferred stock is convertible into 1,000 shares of common stock. The preferred stock will automatically convert into common stock upon an increase in the authorized common stock.