WANG PETER 4
4 · Greenland Technologies Holding Corp. · Filed Apr 21, 2021
Insider Transaction Report
Form 4
WANG PETER
Director10% Owner
Transactions
- Other
Ordinary Shares
2020-10-02−193,051→ 7,306,949 total(indirect: By Cenntro Holding Limited) - Award
Ordinary Shares
2021-04-19+2,500→ 2,500 total - Sale
Ordinary Shares
2021-04-13$12.21/sh−50,000$610,500→ 7,256,949 total(indirect: By Cenntro Holding Limited)
Footnotes (2)
- [F1]On December 13, 2019, Welkin Machinery Investment I, L.P ("Welkin") entered into a share purchase agreement with Mr. Peter Wang, pursuant to which Welkin agreed to cancel the indebtedness of Sinomachinery Group Limited ("Sinomachinery") to Welkin in the amount of US$2 million in consideration for 193,051 ordinary shares of Greenland Technologies Holding Corporation (the "Company"). Sinomachinary is a related party of the Company as both entities are under common control by Mr. Peter Wang, the Company's controlling shareholder and chairman of the board of directors. On October 2, 2020, Mr. Peter Wang, through Cennto Holding Limited, transferred 193,051 ordinary shares to Welkin.
- [F2]On March 29, 2021, the board of directors of Greenland Technologies Holding Corporation held a meeting, during which the directors uninterested in the transaction unanimously approved the issuance of 2,500 ordinary shares (the "Shares") to Peter Zuguang Wang as compensation. The Shares were issued on April 19, 2021 and directly owned by Peter Zuguang Wang.