Choi Lin Hung - Jun 30, 2022 Form 4 Insider Report for Jerash Holdings (US), Inc. (JRSH)

Role: Chairman/CEO/Pres./Treasurer, Director, 10%+ Owner
Signature: /s/ San Yick, Attorney-in-fact for Choi Lin Hung
Stock symbol: JRSH
Transactions as of: Jun 30, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/12/2022, 04:05 PM
Previous filing: Oct 13, 2021
Next filing: Feb 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JRSH	Common Stock	Options Exercise	$0	+62.9K		$0.00	62.9K	Jun 30, 2022	Direct
holding	JRSH	Common Stock						3.7M	Jun 30, 2022	By Merlotte Enterprise Limited (as sole member)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	JRSH	Restricted Stock Unit	Options Exercise	$0	-62.9K	-15.77%	$0.00	336K	Jun 30, 2022	Common Stock	62.9K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.
F2	The restricted stock units were granted under the Issuer's Amended and Restated 2018 Stock Incentive Plan and vested on June 24, 2022, the first anniversary of the date of grant.