Zhixin Liu - Oct 10, 2021 Form 4 Insider Report for DATASEA INC. (DTSS)

Role: CEO, Director, 10%+ Owner
Signature: By: /s/ Zhixin Liu
Stock symbol: DTSS
Transactions as of: Oct 10, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/29/2021, 06:42 PM
Next filing: May 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DTSS	Common Stock	Award	$0	+45K	+0.47%	$0.00	9.63M	Oct 10, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On October 10, 2021, the reporting person was issued 45,000 shares of the Issuer's common stock (the "Shares") under the Issuer's 2018 Equity Incentive Plan, vesting immediately with an agreement between the reporting person and the Issuer that the reporting person shall not dispose, sell or transfer the Shares for at least six months following the date of issuance. The Shares were issued as the reporting person's compensation for serving as the Issuer's CEO during the period from July 1, 2021 to October 1, 2021 based on a compensation arrangement between the reporting person and the Issuer pursuant to which the reporting person shall receive a monthly compensation of 15,000 shares of the Issuer's common stock on a quarterly basis.

Content

On October 10, 2021, the reporting person was issued 45,000 shares of the Issuer's common stock (the "Shares") under the Issuer's 2018 Equity Incentive Plan, vesting immediately with an agreement between the reporting person and the Issuer that the reporting person shall not dispose, sell or transfer the Shares for at least six months following the date of issuance. The Shares were issued as the reporting person's compensation for serving as the Issuer's CEO during the period from July 1, 2021 to October 1, 2021 based on a compensation arrangement between the reporting person and the Issuer pursuant to which the reporting person shall receive a monthly compensation of 15,000 shares of the Issuer's common stock on a quarterly basis.