Sam Lai - Jan 6, 2022 Form 4 Insider Report for Hour Loop, Inc (HOUR)

Signature
/s/ Sam Lai
Stock symbol
HOUR
Transactions as of
Jan 6, 2022
Transactions value $
$0
Form type
4
Date filed
1/18/2022, 03:48 PM
Next filing
Dec 14, 2022

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 HOUR Stock option (right to buy) Award $0 +25K $0.00 25K Jan 6, 2022 Common Sotck 25K $4.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Lai and Sau Kuen (Maggie) Yu (the issuer's senior vice president and a director) are husband and wife, and together beneficially own 33,303,544 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,303,544 shares of the issuer's common stock, as each of them is deemed to indirectly beneficially own the other's 16,651,772 shares.