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SHRG Sharing Services Global Corporation (PK)

0.002
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sharing Services Global Corporation (PK) USOTC:SHRG OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.002 0.0019 0.004 0.0021 0.0019 0.0019 29,327 21:01:20

Statement of Changes in Beneficial Ownership (4)

31/07/2020 10:19pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

DOCUMENT SECURITY SYSTEMS INC
2. Issuer Name and Ticker or Trading Symbol

SHARING SERVICES GLOBAL Corp [ SHRG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

200 CANAL VIEW BOULEVARD, SUITE 104
3. Date of Earliest Transaction (MM/DD/YYYY)

7/23/2020
(Street)

ROCHESTER, NY 14623
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 7/23/2020 (1) P  30000000 A$0.08 62417593 I (2)By Decentralized Sharing Systems, Inc. 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Warrants $0.20 7/23/2020 (1) P   10000000    7/23/2020 7/23/2023 Class A Common Stock 10000000 $0.20 10000000 I (2)By Decentralized Sharing Systems, Inc. 

Explanation of Responses:
(1) On July 23, 2020, Chan Heng Fai Ambrose, the Chairman of the Board of the Reporting Person, assigned to the Reporting Person a Stock Purchase and Share Subscription Agreement by and between Mr. Chan and Sharing Services Global Corporation (the "Issuer"), pursuant to which the Reporting Person purchased 30,000,000 shares of Class A Common Stock (the "Shares") and 10,000,000 warrants to purchase Class A Common Stock (the "Warrants" and, collectively, the Shares together with the Warrants, the "Securities"). The Warrants immediately vested and may be exercised at any time commencing on the date of issuance and ending three (3) year from such date. The Securities are also subject to a one (1) year trading restriction pursuant to the terms of a Lock-Up Agreement entered into between Mr. Chan and the Company and assigned to the Reporting Person.
(2) Through the Reporting Person's wholly-owned subsidiary, Decentralized Sharing Systems, Inc., a Nevada corporation.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
DOCUMENT SECURITY SYSTEMS INC
200 CANAL VIEW BOULEVARD, SUITE 104
ROCHESTER, NY 14623

X


Signatures
/s/ Frank D. Heuszel7/31/2020
**Signature of Reporting PersonDate

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