Sam Lai - 06 Jan 2022 Form 4 Insider Report for Hour Loop, Inc (HOUR)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Sam Lai
Issuer symbol
HOUR
Transactions as of
06 Jan 2022
Net transactions value
$0
Form type
4
Filing time
18 Jan 2022, 15:48:50 UTC
Next filing
14 Dec 2022
SEC
View on sec.gov

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 +25,000 $0.000000 25,000 06 Jan 2022 Common Sotck 25,000 $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.