Fu Liu - Oct 10, 2021 Form 4 Insider Report for DATASEA INC. (DTSS)

Role
Director, 10%+ Owner
Signature
By: /s/ Fu Liu
Stock symbol
DTSS
Transactions as of
Oct 10, 2021
Transactions value $
$0
Form type
4
Date filed
10/29/2021, 06:41 PM
Next filing
May 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTSS Common Stock Award $0 +30K +0.55% $0.00 5.45M Oct 10, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 10, 2021, the reporting person was issued 30,000 shares of the Issuer's common stock (the "Shares") under the Issuer's 2018 Equity Incentive Plan, vesting immediately with an agreement between the reporting person and the Issuer that the reporting person shall not dispose, sell or transfer the Shares for at least six months following the date of issuance. The Shares were issued as the reporting person's compensation for serving as the Issuer's director during the period from July 1, 2021 to October 1, 2021 based on a compensation arrangement between the reporting person and the Issuer pursuant to which the reporting person shall receive a monthly compensation of 10,000 shares of the Issuer's common stock on a quarterly basis.