Edward Shihai Lee - Jan 7, 2021 Form 4/A - Amendment Insider Report for FOCUS UNIVERSAL INC. (FCUV)

Role
Director, 10%+ Owner
Signature
/s/ Gilbert J. Bradshaw, Attorney-in-Fact for Edward Lee
Stock symbol
FCUV
Transactions as of
Jan 7, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
4/4/2022, 06:18 PM
Date Of Original Report
Mar 10, 2021
Previous filing
Apr 4, 2022
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCUV Common stock Gift -143K -1.88% 7.46M Jan 7, 2021 Direct F1
transaction FCUV Common stock Gift +143K 143K Jan 7, 2021 See Footnote F1
transaction FCUV Common stock Gift -125K -1.68% 7.33M Feb 1, 2021 Direct F2
transaction FCUV Common stock Gift +125K +87.54% 268K Feb 1, 2021 See Footnote F2
transaction FCUV Common stock Gift -125K -1.7% 7.21M Feb 4, 2021 Direct F3
transaction FCUV Common stock Gift +125K +46.68% 393K Feb 4, 2021 See Footnote F3
transaction FCUV Common stock Gift -125K -1.73% 7.08M Feb 10, 2021 Direct F4
transaction FCUV Common stock Gift +125K +31.82% 518K Feb 10, 2021 See Footnote F4
transaction FCUV Common stock Gift -125K -1.76% 6.96M Feb 10, 2021 Direct F5
transaction FCUV Common stock Gift +125K 125K Feb 10, 2021 See Footnote F5
transaction FCUV Common stock Gift -125K -1.8% 6.83M Feb 10, 2021 Direct F6
transaction FCUV Common stock Gift +125K 125K Feb 10, 2021 See Footnote F6
transaction FCUV Common stock Gift -250K -3.66% 6.58M Mar 1, 2021 Direct F7
transaction FCUV Common stock Gift +250K +200% 375K Mar 1, 2021 See Footnote F7
transaction FCUV Common stock Gift -250K -3.8% 6.33M Mar 1, 2021 Direct F8
transaction FCUV Common stock Gift +250K +200% 375K Mar 1, 2021 See Footnote F8
transaction FCUV Common stock Gift -375K -5.92% 5.96M Mar 3, 2021 Direct F9
transaction FCUV Common stock Gift +375K +72.42% 893K Mar 3, 2021 See Footnote F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person transferred 142,800 shares of the Issuer's Common Stock to the Reporting Person and Jennifer Gu, the Reporting Person's spouse, as trustees of the Lee-Gu Foundation.
F2 The Reporting Person transferred 125,000 shares of the Issuer's Common Stock to the Reporting Person and Jennifer Gu, the Reporting Person's spouse, as trustees of the Lee-Gu Foundation.
F3 The Reporting Person transferred 125,000 shares of the Issuer's Common Stock to the Reporting Person and Jennifer Gu, the Reporting Person's spouse, as trustees of the Lee-Gu Foundation.
F4 The Reporting Person transferred 125,000 shares of the Issuer's Common Stock to the Reporting Person and Jennifer Gu, the Reporting Person's spouse, as trustees of the Lee-Gu Foundation.
F5 The Reporting Person transferred 125,000 shares of the Issuer's Common Stock to the Brandon Lee Irrevocable Trust, the beneficiary of which is the Reporting Person's child. The Reporting Person may be deemed to have indirect beneficial ownership of these 125,000 shares of the Issuer's Common Stock through his child.
F6 The Reporting Person transferred 125,000 shares of the Issuer's Common Stock to the Isabella Lee Irrevocable Trust, the beneficiary of which is the Reporting Person's child. The Reporting Person may be deemed to have indirect beneficial ownership of these 125,000 shares of the Issuer's Common Stock through his child.
F7 The Reporting Person transferred 250,000 shares of the Issuer's Common Stock to the Brandon Lee Irrevocable Trust, the beneficiary of which is the Reporting Person's child. The Reporting Person may be deemed to have indirect beneficial ownership of these 250,000 shares of the Issuer's Common Stock through his child.
F8 The Reporting Person transferred 250,000 shares of the Issuer's Common Stock to the Isabella Lee Irrevocable Trust, the beneficiary of which is the Reporting Person's child. The Reporting Person may be deemed to have indirect beneficial ownership of these 250,000 shares of the Issuer's Common Stock through his child.
F9 The Reporting Person transferred 375,000 shares of the Issuer's Common Stock to the Reporting Person and Jennifer Gu, the Reporting Person's spouse, as trustees of the Lee-Gu Foundation.

Remarks:

The Reporting Person made these changes for estate planning purposes, but he could only medallion signature guarantee certain amounts of shares per week which why there are multiple transfers.