Heng Fai Ambrose Chan - May 12, 2021 Form 4 Insider Report for Alset EHome International Inc. (AEI)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Chan Heng Fai
Stock symbol
AEI
Transactions as of
May 12, 2021
Transactions value $
$0
Form type
4
Date filed
5/14/2021, 09:35 PM
Next filing
May 27, 2021

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 AEI Series B Convertible Preferred Stock Other +2.13K 2.13K May 12, 2021 Common Stock 2.13M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person exchanged $13,000,000 in principal amount under a convertible promissory note for 2,132 shares of the Issuer's Series B Convertible Preferred Stock.
F2 On the date on which an amendment to the Issuer's Certificate of Incorporation, as amended, to increase the Issuer's authorized shares of Common Stock to at least 250,000,000 shares has been filed with the Secretary of State of the State of Delaware, each share of Series B Convertible Preferred Stock shall convert automatically into 1,000 shares of the Issuer's Common Stock.