Lei Nie - 13 Aug 2021 Form 4 Insider Report for Sino-Global Shipping America, Ltd. (SGLY)

Signature
/s/ Lei NIE
Issuer symbol
SGLY
Transactions as of
13 Aug 2021
Net transactions value
$0
Form type
4
Filing time
20 Aug 2021, 06:10:01 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGLY Common Stock Award $0 +200,000 +513% $0.000000 239,000 13 Aug 2021 By spouse F2
holding SGLY Common Stock 40,000 13 Aug 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 30, 2020, the Reporting Person, as the Company's employee, was granted 200,000 shares of common stock, vested immediately. The grant was made under the Company's 2014 Equity Incentive Plan. On July 7, 2020, the Company effected a 1-for-5 reverse stock split of the Company's issued and outstanding shares of common stock. With the reverse stock split, the number of shares held by the Reporting Person changed from 200,000 to 40,000.
F2 On August 13, 2021, Tuo PAN, the Reporting Person's wife and the Company's CFO, was granted 200,000 shares of common stock, vested immediately. The grant was made under the Company's 2014 Equity Incentive Plan.