Sau Kuen Yu - Jan 4, 2023 Form 4 Insider Report for Hour Loop, Inc (HOUR)

Role: Senior Vice President, Director, 10%+ Owner
Signature: /s/ Sau Kuen Yu
Stock symbol: HOUR
Transactions as of: Jan 4, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/6/2023, 03:05 PM
Previous filing: Dec 14, 2022
Next filing: Apr 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOUR	Common stock	Award	$0	+1K	+0.01%	$0.00	16.7M	Jan 4, 2023	Direct	F1
holding	HOUR	Common stock						16.7M	Jan 4, 2023	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 Sam Lai, Ms. Yu's spouse. Mr. Lai is the issuer's chief executive officer and chairman of the board. Together, Mr. Lai and Ms. Yu beneficially own 33,311,576 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,311,576 shares of the issuer's common stock, as each of them is deemed to indirectly beneficially own the other's 16,655,788 shares.

Content

Represents a grant, approved by the issuer's Board of Directors, of restricted stock to the reporting person, as compensation for services rendered.

Represents shares owned by Sam Lai, Ms. Yu's spouse. Mr. Lai is the issuer's chief executive officer and chairman of the board. Together, Mr. Lai and Ms. Yu beneficially own 33,311,576 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,311,576 shares of the issuer's common stock, as each of them is deemed to indirectly beneficially own the other's 16,655,788 shares.