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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Pope Michael Ross C/O FOCUS UNIVERSAL INC. 2311 EAST LOCUST COURT ONTARIO, CA 91761 |
X |
/s/ Michael Pope | 09/02/2022 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Represents a cashless exercise of outstanding stock options to purchase 30,000 shares of common stock. The Reporting Person received 14,677 shares of common stock and surrendered 15,323 shares of common stock underlying the stock option in payment of the exercise price. |
(2) | Represents a cashless exercise of outstanding stock options to purchase 15,000 shares of common stock. The Reporting Person received 10,968 shares of common stock and surrendered 4,032 shares of common stock underlying the stock option in payment of the exercise price. |
(3) | Represents a cashless exercise of outstanding stock options to purchase 8,750 shares of common stock. The Reporting Person received 1,804 shares of common stock and surrendered 6,946 shares of common stock underlying the stock option in payment of the exercise price. |
(4) | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.50 to $10.80, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
(5) | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.43 to $10.53, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
(6) | The shares of Common Stock reported on this line are held by an entity owned and controlled by the Reporting Person. |
(7) | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.16 to $10.31, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
(8) | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.95 to $10.40, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |