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Iveda Solutions, Inc. Director's Dealing 2014

Jun 3, 2014

35452_dirs_2014-06-03_f7b54eca-1fbd-4965-8cf8-642e42f54107.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iveda Solutions, Inc. (IVDA)
CIK: 0001397183
Period of Report: 2014-05-01

Reporting Person: Kuo Alex (Director, Chief Strategy Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-05-01 Common Stock G 67000 Acquired 367000 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-05-30 9.5% Senior Convertible Debenture $1.50 A 25333 Acquired 2017-05-30 Common Stock (25333) Indirect
2014-05-30 Warrant to purchase Common Stock $1.65 A 3455 Acquired 2019-05-30 Common Stock (3455) Indirect

Footnotes

F1: The reporting person and his spouse own 100% of Sysan Limited.

F2: Vannogate Consulting Ltd. purchased a 9.5% Senior Convertible Debenture (the "Debenture") in the principal amount of $38,000. The Debenture is due and payable three years after the date of issuance and the principal and unpaid interest thereunder is convertible into shares of Common Stock of the issuer ("Common Stock") at the election of the holder any time prior to the maturity date at a conversion price equal to $1.50 per share, subject to adjustment upon the occurrence of certain events as provided in the Debenture.

F3: In connection with the purchase of the Debenture, Vannogate Consulting Ltd. received a warrant to purchase 3,455 shares of Common Stock. The Warrant has a term of five years from date of issuance and the exercise price is subject to adjustment upon the occurrence of certain events as provided in the Warrant.

F4: The 9.5% Senior Convertible Debenture and related Common Stock warrants will be held by Vannogate Consulting Ltd. The reporting person together with his immediate family own 100% of Vannogate Consulting Ltd.