Yi Hsiu Lin - May 19, 2021 Form 4 Insider Report for Leader Capital Holdings Corp. (LCHD)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: See Exhibit 99.1
Stock symbol: LCHD
Transactions as of: May 19, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/20/2021, 06:15 AM
Next filing: Aug 2, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LCHD	Common Stock	Disposed to Issuer		-13.1M	-28.55%		32.9M	May 19, 2021	By Corporation	F1, F2

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

Explanation of Responses:

Id	Content
F1	On May 17, 2021, First Leader Capital Ltd. entered into a stock forfeiture letter with Leader Capital Holdings Corp. (the "Issuer"), pursuant to which First Leader Capital Ltd. agreed to cancel 13,132,500 shares of common stock for the benefit from reducing the Issuer's outstanding common stock to be more in line with what management deems to be market expectations based on the Issuer's current valuation.
F2	The securities reported are held by First Leader Capital Ltd. Mr. Lin has sole voting and investment power as the sole owner of such entity. The other reporting persons have indirect ownership based on Mr. Lin's control over such reporting persons.

Content

On May 17, 2021, First Leader Capital Ltd. entered into a stock forfeiture letter with Leader Capital Holdings Corp. (the "Issuer"), pursuant to which First Leader Capital Ltd. agreed to cancel 13,132,500 shares of common stock for the benefit from reducing the Issuer's outstanding common stock to be more in line with what management deems to be market expectations based on the Issuer's current valuation.

The securities reported are held by First Leader Capital Ltd. Mr. Lin has sole voting and investment power as the sole owner of such entity. The other reporting persons have indirect ownership based on Mr. Lin's control over such reporting persons.