Heng Fai Ambrose Chan - Jun 7, 2024 Form 4 Insider Report for Alset Inc. (AEI)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Chan Heng Fai Ambrose
Stock symbol
AEI
Transactions as of
Jun 7, 2024
Transactions value $
$71,748
Form type
4
Date filed
6/11/2024, 05:06 PM
Previous filing
Jun 10, 2024
Next filing
Jun 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEI Common Stock Purchase $55K +50K +0.93% $1.10 5.44M Jun 7, 2024 Direct F1, F4
transaction AEI Common Stock Purchase $7.52K +7.52K +0.14% $1.00 5.45M Jun 10, 2024 Direct F2, F4
transaction AEI Common Stock Purchase $9.22K +9.04K +0.17% $1.02 5.46M Jun 10, 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 7, 2024, Mr. Chan acquired 50,000 shares of the Issuer's common stock. This transaction was executed in multiple trades at prices ranging from $1.04 to $1.10. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request of the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F2 On June 10, 2024, Mr. Chan acquired 7,523 shares of the Issuer's common stock. This transaction was executed in multiple trades at prices ranging from $0.96 to $1.00. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request of the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F3 On June 10, 2024, Mr. Chan acquired 9,044 shares of the Issuer's common stock. This transaction was executed in multiple trades at prices ranging from $1.01 to $1.02. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request of the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F4 In addition to the shares of common stock held directly by Mr. Chan, Mr. Chan also indirectly owns 319,000 shares of common stock held by HFE Holdings Limited. Mr. Chan has sole voting and investment power with respect to the shares held by HFE Holdings Limited. Mr. Chan is the beneficial owner of 5,778,632 shares of the common stock of Alset Inc.