Huihe Zheng - Nov 11, 2020 Form 4 Insider Report for QDM International Inc. (QDMI)

Role: CEO and President, Director, 10%+ Owner
Signature: /s/ Huihe Zheng
Stock symbol: QDMI
Transactions as of: Nov 11, 2020
Transactions value $: $972,000
Form type: 4
Date filed: 9/11/2024, 06:00 PM
Next filing: May 19, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QDMI	Common Stock	Purchase	$972K	+120M	+7556.2%	$0.01	122M	Feb 1, 2023	See Footnote 1	F1
transaction	QDMI	Common Stock	Conversion of derivative security		+1.35M	+566.32%		1.59M	May 17, 2021	Direct	F2
transaction	QDMI	Common Stock	Award		+1.67K	+0.71%		238K	Nov 11, 2020	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	QDMI	Series C Convertible Preferred Stock	Conversion of derivative security		-368K	-40.9%		532K	May 17, 2021	Common Stock	1.35M		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 1, 2023, HW FUND purchased 120,000,000 shares of common stock for a purchase price of $972,000 in a public offering of the issuer (or 12,000,000 shares of common stock without giving effect to the forward stock split of all issued and outstanding common stock of the issuer at a ratio of 1-for-10 effected in April 2024 (the "2024 Forward Split").
F2	On May 17, 2021, Mr. Zheng converted 368,114 shares of Series C convertible preferred stock to 1,349,760 shares of common stock of the issuer where one share of Series C convertible preferred stock converted into approximately 3.67 shares of common stock (or 4,049,254 shares of common stock without giving effect of the reverse stock split of all issued and outstanding common stock of the Issuer at a ratio of 30-for-1 effected in August 2021 (the "2021 Reverse Split") and 2024 Forward Split (together with the 2021 Reverse Split, the "Stock Splits").
F3	On November 11, 2020, the board of directors of the issuer approved the issuance of 1,670 shares of common stock to Mr. Zheng as compensation for his service to the issuer as its Chief Executive Officer and chairman of the board of directors (or 5,000 shares of common stock without giving effect to the Stock Splits).