Sam Lai - May 19, 2022 Form 4 Insider Report for Hour Loop, Inc (HOUR)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Sam Lai
Stock symbol
HOUR
Transactions as of
May 19, 2022
Transactions value $
$0
Form type
4
Date filed
12/14/2022, 05:30 AM
Previous filing
Jan 18, 2022
Next filing
Jan 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOUR Common stock Award $0 +916 +0.01% $0.00 16.7M May 19, 2022 Direct F1
transaction HOUR Common stock Award $0 +1.05K +0.01% $0.00 16.7M Jun 30, 2022 Direct F1
transaction HOUR Common stock Award $0 +1.05K +0.01% $0.00 16.7M Sep 30, 2022 Direct F1
holding HOUR Common stock 16.7M May 19, 2022 By spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant, approved by the issuer's Board of Directors, of restricted stock to the reporting person, as compensation for services rendered.
F2 Represents shares owned by Sau Kuen Yu, Mr. Lai's spouse. Ms. Yu is the issuer's senior vice president and a member of the issuer's Board of Directors. Together, Mr. Lai and Ms. Yu beneficially own 33,309,574 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,309,574 shares of the issuer's common stock, as each of them is deemed to indirectly beneficially own the other's 16,654,787 shares.