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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.