Sau Kuen Yu - 02 Oct 2023 Form 4 Insider Report for Hour Loop, Inc (HOUR)

Role: Senior Vice President, Director, 10%+ Owner
Signature: /s/ Sau Kuen Yu
Issuer symbol: HOUR
Transactions as of: 02 Oct 2023
Net transactions value: $0
Form type: 4
Filing time: 04 Oct 2023, 16:15:26 UTC
Previous filing: 06 Jul 2023
Next filing: 10 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOUR	Common Stock	Award	$0	+1,948	+0.01%	$0.000000	16,660,853	02 Oct 2023	Direct	F1
holding	HOUR	Common Stock						16,660,853	02 Oct 2023	By spouse	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant, approved by the issuer's Board of Directors, of restricted stock to the reporting person, as compensation for services rendered.
F2	Represents shares owned by Sam Lai, Ms. Yu's spouse. Mr. Lai is the issuer's Chief Executive Officer and a member of the issuer's Board of Directors. Together, Ms. Yu and Mr. Lai beneficially own 33,321,706 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,321,706 shares of the issuer's common stock, as each of them is deemed to indirectly beneficially own the other's 16,660,853 shares.

Content

Represents a grant, approved by the issuer's Board of Directors, of restricted stock to the reporting person, as compensation for services rendered.

Represents shares owned by Sam Lai, Ms. Yu's spouse. Mr. Lai is the issuer's Chief Executive Officer and a member of the issuer's Board of Directors. Together, Ms. Yu and Mr. Lai beneficially own 33,321,706 shares of the issuer's common stock, with each of Mr. Lai and Ms. Yu beneficially holding 33,321,706 shares of the issuer's common stock, as each of them is deemed to indirectly beneficially own the other's 16,660,853 shares.