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DSS, INC. Director's Dealing 2020

Jul 31, 2020

35136_dirs_2020-07-31_8b6ac029-12d7-4114-8f3e-93c1c4b43dff.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SHARING SERVICES GLOBAL Corp (SHRG)
CIK: 0001644488
Period of Report: 2020-07-23

Reporting Person: DOCUMENT SECURITY SYSTEMS INC (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-07-23 Class A Common Stock P 30000000 $0.08 Acquired 62417593 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-07-23 Warrants $0.20 P 10000000 Acquired 2023-07-23 Class A Common Stock (10000000) Indirect

Footnotes

F1: On July 23, 2020, Chan Heng Fai Ambrose, the Chairman of the Board of the Reporting Person, assigned to the Reporting Person a Stock Purchase and Share Subscription Agreement by and between Mr. Chan and Sharing Services Global Corporation (the "Issuer"), pursuant to which the Reporting Person purchased 30,000,000 shares of Class A Common Stock (the "Shares") and 10,000,000 warrants to purchase Class A Common Stock (the "Warrants" and, collectively, the Shares together with the Warrants, the "Securities"). The Warrants immediately vested and may be exercised at any time commencing on the date of issuance and ending three (3) year from such date. The Securities are also subject to a one (1) year trading restriction pursuant to the terms of a Lock-Up Agreement entered into between Mr. Chan and the Company and assigned to the Reporting Person.

F2: Through the Reporting Person's wholly-owned subsidiary, Decentralized Sharing Systems, Inc., a Nevada corporation.