Edward Shihai Lee - 07 Jan 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
Issuer symbol
FCUV
Transactions as of
07 Jan 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
04 Apr 2022, 18:18:20 UTC
Date Of Original Report
10 Mar 2021
Previous filing
04 Apr 2022
Next filing
04 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCUV Common stock Gift -142,800 -1.9% 7,457,200 07 Jan 2021 Direct F1
transaction FCUV Common stock Gift +142,800 142,800 07 Jan 2021 See Footnote F1
transaction FCUV Common stock Gift -125,000 -1.7% 7,332,200 01 Feb 2021 Direct F2
transaction FCUV Common stock Gift +125,000 +88% 267,800 01 Feb 2021 See Footnote F2
transaction FCUV Common stock Gift -125,000 -1.7% 7,207,200 04 Feb 2021 Direct F3
transaction FCUV Common stock Gift +125,000 +47% 392,800 04 Feb 2021 See Footnote F3
transaction FCUV Common stock Gift -125,000 -1.7% 7,082,200 10 Feb 2021 Direct F4
transaction FCUV Common stock Gift +125,000 +32% 517,800 10 Feb 2021 See Footnote F4
transaction FCUV Common stock Gift -125,000 -1.8% 6,957,200 10 Feb 2021 Direct F5
transaction FCUV Common stock Gift +125,000 125,000 10 Feb 2021 See Footnote F5
transaction FCUV Common stock Gift -125,000 -1.8% 6,832,200 10 Feb 2021 Direct F6
transaction FCUV Common stock Gift +125,000 125,000 10 Feb 2021 See Footnote F6
transaction FCUV Common stock Gift -250,000 -3.7% 6,582,200 01 Mar 2021 Direct F7
transaction FCUV Common stock Gift +250,000 +200% 375,000 01 Mar 2021 See Footnote F7
transaction FCUV Common stock Gift -250,000 -3.8% 6,332,200 01 Mar 2021 Direct F8
transaction FCUV Common stock Gift +250,000 +200% 375,000 01 Mar 2021 See Footnote F8
transaction FCUV Common stock Gift -375,000 -5.9% 5,957,200 03 Mar 2021 Direct F9
transaction FCUV Common stock Gift +375,000 +72% 892,800 03 Mar 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.