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DSS, INC. — Director's Dealing 2019
Nov 5, 2019
35136_dirs_2019-11-05_9c69ab18-5abf-4e5d-959b-7058096fa603.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DOCUMENT SECURITY SYSTEMS INC (DSS)
CIK: 0000771999
Period of Report: 2019-11-01
Reporting Person: Chan Heng Fai Ambrose (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-01 | Common Stock | P | 6000000 | $0.3037 | Acquired | 6446428 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2077682 | Direct |
| Common Stock | 1786531 | Indirect |
| Common Stock | 500000 | Indirect |
| Common Stock | 683000 | Indirect |
Footnotes
F1: On November 1, 2019, Document Security Systems, Inc., a New York corporation (the "Company") entered into and closed on a subscription agreement (the "Subscription Agreement") with LiquidValue Development Pte Ltd., an entity owned and controlled by the Reporting Person. Pursuant to the Subscription Agreement, LiquidValue Development Pte Ltd. purchased 6,000,000 shares of the Company's common stock at a purchase price of $0.3037 per share. The Reporting Person has dispositive control over these securities.
F2: Held by Heng Fai Holdings Limited, of which Reporting Person is the owner. The Reporting Person has dispositive control over these securities.
F3: Held by BMI Capital Partners International Limited, of which the Reporting Person is an owner and director. The Reporting Person has dispositive control over these securities.
F4: Held by Hengfai Business Development Pte Ltd, of which Reporting Person is the Chief Executive Officer and Owner. The Reporting Person has dispositive control over these securities.