Chan Heng Fai Ambrose - 14 Jun 2021 Form 4 Insider Report for Alset EHome International Inc. (AEI)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Chan Heng Fai
Issuer symbol
AEI
Transactions as of
14 Jun 2021
Net transactions value
+$51,226,570
Form type
4
Filing time
15 Jun 2021, 16:44:17 UTC
Previous filing
09 Jun 2021
Next filing
17 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEI Common Stock Other $0 +6,380,000 +1231% $0.000000 6,898,348 14 Jun 2021 Through HFE Holdings Limited F1, F2
transaction AEI Common Stock Other $0 +2,132,000 +31% $0.000000 9,030,348 14 Jun 2021 Direct F3
transaction AEI Common Stock Conversion of derivative security $15,487,268 +2,770,531 +31% $5.59 11,800,879 14 Jun 2021 Direct F4
transaction AEI Common Stock Conversion of derivative security $28,800,720 +5,152,186 +44% $5.59 16,953,065 14 Jun 2021 Direct F5
transaction AEI Common Stock Conversion of derivative security $174,291 +31,179 +0.18% $5.59 16,984,244 14 Jun 2021 Direct F6
transaction AEI Common Stock Conversion of derivative security $6,764,291 +1,210,070 +7.1% $5.59 18,194,314 14 Jun 2021 Direct F7

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 AEI Series A Convertible Preferred Stock Other -6,380 -100% 0 14 Jun 2021 Common Stock 6,380,000 Through HFE Holdings Limited F1, F2
transaction AEI Series B Convertible Preferred Stock Other -2,132 -100% 0 14 Jun 2021 Common Stock 2,132,000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 6,380 shares of Series A Convertible Preferred Stock held by the reporting person automatically converted into 6,380,000 shares of common stock upon an increase in the authorized common stock of Alset EHome International Inc., pursuant to the terms of the Certificate of Designations, Preferences and Rights of the Series A Convertible Preferred Stock.
F2 These shares of common stock are owned directly by HFE Holdings Limited. Chan Heng Fai, the Chairman of the Board and Chief Executive Officer of Alset EHome International Inc., also indirectly beneficially owns all shares owned by HFE Holdings Limited. Mr. Chan has voting and investment power with respect to such shares.
F3 2,132 shares of Series B Convertible Preferred Stock held by the reporting person automatically converted into 2,132,000 shares of common stock upon an increase in the authorized common stock of Alset EHome International Inc., pursuant to the terms of the Certificate of Designations, Preferences and Rights of the Series B Convertible Preferred Stock.
F4 On June 14, 2021, the reporting person converted a note with an outstanding balance in the amount of $15,487,265 into 2,770,531 shares of the common stock of Alset EHome International Inc. at a conversion price of $5.59 per share.
F5 On June 14, 2021, the reporting person converted a note with an outstanding balance in the amount of $28,800,721 into 5,152,186 shares of the common stock of Alset EHome International Inc. at a conversion price of $5.59 per share.
F6 On June 14, 2021, the reporting person converted a note with an outstanding balance in the amount of $174,288 into 31,179 shares of the common stock of Alset EHome International Inc. at a conversion price of $5.59 per share.
F7 On June 14, 2021, the reporting person converted a note with an outstanding balance in the amount of $6,764,291 into 1,210,070 shares of the common stock of Alset EHome International Inc. at a conversion price of $5.59 per share.