Statement of Changes in Beneficial Ownership (4)
June 25 2021 - 4:08PM
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
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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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1. Name and Address of Reporting Person
*
Wei Yang |
2. Issuer Name and Ticker or Trading Symbol
Jerash Holdings (US), Inc.
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JRSH
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Vice President and Secretary |
(Last)
(First)
(Middle)
277 FAIRFIELD ROAD, SUITE 338 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
6/24/2021 |
(Street)
FAIRFIELD, NJ 07004
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. 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 Date | 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 of Derivative Security: 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 |
Restricted Stock Unit | (1) | 6/24/2021 | | A | | 11750 | | (2) | (2) | Common Stock | 11750 | $0 | 111750 | D | |
Restricted Stock Unit | (1) | 6/24/2021 | | A | | 6750 | | (3) | (3) | Common Stock | 6750 | $0 | 26750 | I | By Spouse |
Explanation of Responses: |
(1) | Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer. |
(2) | The restricted stock units were granted under the Issuer's Amended and Restated 2018 Stock Incentive Plan and vest on the first anniversary of the date of grant, subject to the Reporting Person's continued relationship with the Issuer through such date. |
(3) | The restricted stock units were granted under the Issuer's Amended and Restated 2018 Stock Incentive Plan and vest on the first anniversary of the date of grant, subject to the spouse of the Reporting Person's continued relationship with the Issuer through such date. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Wei Yang 277 FAIRFIELD ROAD SUITE 338 FAIRFIELD, NJ 07004 | X |
| Vice President and Secretary |
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Signatures
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/s/ San Yick, Attorney-in-fact for Wei Yang | | 6/25/2021 |
**Signature of Reporting Person | Date |
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