Michael J. Antonoplos - 10 Sep 2021 Form 4 Insider Report for DATASEA INC. (DTSS)

Role
Director
Signature
By: /s/ Michael J. Antonoplos
Issuer symbol
DTSS
Transactions as of
10 Sep 2021
Net transactions value
$0
Form type
4
Filing time
29 Oct 2021, 18:39:32 UTC
Previous filing
29 Oct 2021
Next filing
19 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DTSS Common Stock Award $0 +2,631 +143% $0.000000 4,477 10 Sep 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 10, 2021, the reporting person was granted 2,631 shares of the Issuer's common stock (the "Shares") under the Issuer's 2018 Equity Incentive Plan, vesting immediately with an agreement between the reporting person and the Issuer that the reporting person shall not dispose, sell or transfer the Shares for at least six months plus one day following the date of grant. The Shares were granted as the reporting person's compensation for serving as the Issuer's director during the period from April 1, 2021 to July 1, 2021 based on a compensation arrangement between the reporting person and the Issuer pursuant to which the reporting person shall receive a monthly compensation of $3,000, of which $1,500 shall be payable in the Issuer's common stock on a quarterly basis.