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

Signature
/s/ Lei NIE
Stock symbol
SGLY
Transactions as of
Aug 13, 2021
Transactions value $
$0
Form type
4
Date filed
8/20/2021, 06:10 AM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SGLY Common Stock Award $0 +200K +512.82% $0.00 239K Aug 13, 2021 By spouse F2
holding SGLY Common Stock 40K Aug 13, 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.