Key facts
- This page summarizes Xin He's Form 4 filing for Professional Diversity Network, Inc. (IPDN).
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 05 Jul 2024, 17:21.
Xin He - 01 Jul 2024 Form 4 Insider Report for Professional Diversity Network, Inc. (IPDN)
- Reporting relationship
- CEO, 10%+ Owner
- Issuer ticker
- IPDN
- Reported as of
- 01 Jul 2024
- Net transaction value
- +$495,000
- SEC form
- 4
- Accepted by SEC
- 05 Jul 2024, 17:21:52 UTC
- Prior SEC filing
- 31 Jul 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Xin He
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Xin He filed Form 4 for Professional Diversity Network, Inc. (IPDN) on 05 Jul 2024.
Change
- Previous filing in this sequence was filed on 31 Jul 2023.
- Current net transaction value: +$495,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
IPDN
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +40,000
- Change %
- +17%
- Price
- $0.000000
- Shares after
- 280,938
- Date
- 01 Jul 2024
- Ownership
- Direct
- Footnotes
- F2
IPDN
transaction
Common Stock
Award
- Transaction value
- $495,000
- Shares
- +1,000,000
- Change %
- +356%
- Price
- $0.4950
- Shares after
- 1,280,938
- Date
- 01 Jul 2024
- Ownership
- See footnote
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
IPDN
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +40,000
- Change %
- Price
- $0.000000
- Shares after
- 40,000
- Date
- 19 Jul 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 40,000
- Exercise price
- $0.000000
- Footnotes
- F1, F2
IPDN
holding
Derivative
Stock Options
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 15,000
- Date
- 01 Jul 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 15,000
- Exercise price
- $4.46
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
Footnote F2
On July 18, 2023, the Company granted an award of 120,000 shares of Restricted Stock Units to Mr. He in connection with the execution of an employment agreement between the Company and Mr. He. The Restricted Stock Units issued to the Executive will vest one third (1/3) annually. The last 40,000 shares underlying the Restricted Stock Units will vest on July 18, 2025.
Footnote F3
On June 28, 2024, the Company entered into a stock purchase agreement of 1,000,000 shares of the Company's common stock at a unit price of $0.495 with Eighty-eight Investment LLC, wholly owned and controlled by Mr. He. The Agreement resulted in aggregate proceeds of $495,000.
Footnote F4
Mr. He held 15,000 shares of stock option of the Company prior to the reported transactions.