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Form 4 Deyu Agriculture Corp. For: May 14 Filed by: KWOK YAM SHEUNG

May 22, 2015 9:20 PM EDT
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
KWOK YAM SHEUNG

(Last) (First) (Middle)
UNIT 106, TEM CENTRE,
TOWER II, 251 QUEEN'S ROAD

(Street)
CENTRAL HONG KONG K3 00000

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Deyu Agriculture Corp. [ DEYU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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
Common Stock 05/14/2015   S   1,615,000 (1) D $ 0.4 968,655 I See footnote (1)
Common Stock 05/14/2015   S   968,655 (2) D $ 0.4 0 I See footnote (2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. 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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Prior to the disposition described herein, the Reporting Person owned 100% of the issued and outstanding equity of each of (a) Sure Glory Holdings Limited, which directly owned 748,636 shares of common stock, par value $0.001 per share ("Common Stock"), (b) Charming Action Management Limited, which directly owned 616,364 shares of Common Stock, and (c) Golden Country Group Limited, which directly owned 250,000 shares of Common Stock and as a result, the Reporting Person indirectly owned 1,615,000 shares of Common Stock.
2. Expert Venture Ltd., a British Virgin Islands entity ("Expert Venture"), directly owns an aggregate of 5,381,420 shares of Common Stock of Deyu Agriculture Corp., of which the Reporting Person held an 18% interest in Expert Venture, which represented 968,655 shares of Common Stock. The Reporting Person has disposed of his interest in Expert Venture. The Reporting Person disclaims beneficial ownership of the securities disposed of except to the extent of his pecuniary interest therein.
/s/ Yam Sheung KWOK 05/21/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


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