Claudia Grimaldi - 31 Mar 2021 Form 5/A - Amendment Insider Report for India Globalization Capital, Inc. (IGC)

Signature
/s/ Claudia Grimaldi
Issuer symbol
IGC
Transactions as of
31 Mar 2021
Net transactions value
$0
Form type
5/A - Amendment
Filing time
15 Sep 2021, 16:08:07 UTC
Date Of Original Report
17 May 2021
Next filing
23 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IGC Common Stock Gift $0 -100,000 -9.6% $0.000000 937,987 03 Nov 2020 Direct F2
transaction IGC Common Stock Gift $0 -500,000 -53% $0.000000 437,987 13 May 2021 Direct
transaction IGC Common Stock Award $0 +250,000 +57% $0.000000 687,987 13 May 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted shares of common stock subject to vesting over three years.
F2 This Form 5 is being filed to reflect the correct ownership amount of the Reporting Person. Section 16 filings of the Reporting Person filed on May 17, 2021 overstated the Reporting Person's ownership by 100,000 shares. Accordingly, the Reporting person owns 687,987 shares of Common Stock as opposed to the 787,987 shares previously reported on the Form 5.