Home > Insider Trading > Filing (0001213900-18-001788)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1556266	China Commercial Credit Inc	CCCR	National Commercial Banks (6021)	454077653

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1688572	Yang Jie	42-32 147Th Street Flushing NY 11355	General Manager	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.001	Acquisiton	2017-12-12	150,000	$3.50	3,484,386	No	4	P	Direct
Common Stock, Par Value $0.001	Disposition	2018-02-08	2,941,511	$1.50	542,875	No	4	S	Direct
Common Stock, Par Value $0.001	Disposition	2018-02-08	819,900	$1.50	0	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	S	Direct
No	4	S	Indirect	See footnote

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Warrant	Acquisiton	2017-09-29	158,370	$0.00	158,370	$2.26
Common Stock	Warrant	Acquisiton	2017-12-12	60,000	$0.00	60,000	$4.20

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
158,370	2017-09-29	2022-09-29	No	4	P	Direct
60,000	2017-12-12	2022-12-11	No	4	P	Direct

Footnotes

The Reporting Person acquired an aggregate of 150,000 shares of common stock, at the purchase price of $3.50, and received warrants to initially purchase an aggregate of 60,000 shares of common stock with an exercise price of $ 4.20 per share in a registered direct offering of the Issuer.
On February 8, 2018, the Reporting Person sold 2,941,511shares in a private transaction for a per share purchase price of $1.50 pursuant to certain Share Purchase Agreement dated February 7, 2018 by and among Daqin International Business HK Limited.and Yang Jie as sellers Shuxiang Zhang, Qun Ma and Wenlong Deng as buyers.
These shares of common stock are owned by Daqin International Business HK Limited ("Daqin"), an entity owned by Daqin BVI, a company incorporated in British Virgin Island. Since Mr. Yang Jie is the sole shareholder and sole director of Daqin BVI, he may be deemed as the beneficial owner of the shares owned Daqin.
On September 29, 2017, Yang Jie (the "Reporting Person") purchased 452,486 shares of the Issuer's common stock and a warrant to purchase 158,370 shares of the Issuer's common stock with an initial exercise price of $2.26 per share for an aggregate purchase price of $819,000 pursuant to certain securities purchase agreement dated September 27, 2017.