Sau Kuen Yu - Jul 1, 2024 Form 4 Insider Report for Hour Loop, Inc (HOUR)

Signature
/s/ Sau Kuen Yu
Stock symbol
HOUR
Transactions as of
Jul 1, 2024
Transactions value $
$0
Form type
4
Date filed
7/2/2024, 04:05 PM
Previous filing
Apr 2, 2024
Next filing
Oct 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOUR Common Stock Award $0 +2.95K +0.02% $0.00 16.7M Jul 1, 2024 Direct F1
holding HOUR Common Stock 16.7M Jul 1, 2024 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 a member of the issuer's Board of Directors. Together, Ms. Yu and Mr. Lai beneficially own 33,336,378 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,336,378 shares of the issuer's common stock, as each of them is deemed to indirectly beneficially own the other's 16,668,189 shares.