Filing Details

Accession Number:
0000921895-20-003238
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-14 18:07:51
Reporting Period:
2020-12-01
Accepted Time:
2020-12-14 18:07:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
102109 Universal Security Instruments Inc UUU Wholesale-Electronic Parts & Equipment, Nec (5065) 520898545
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
896493 Dpw Holdings, Inc. 201 Shipyard Way
Suite E
Newport Beach CA 92663
No No No Yes
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, $0.01 Par Value Disposition 2020-12-01 2,134 $3.10 8,441 No 4 S Indirect DP Lending, LLC
Common Stock, $0.01 Par Value Disposition 2020-12-02 8,441 $3.10 0 No 4 S Indirect DP Lending, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect DP Lending, LLC
No 4 S Indirect DP Lending, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.01 Par Value 228,967 Direct
Footnotes
  1. This Form 4 is filed by DPW Holdings, Inc. ("DPW" or the "Reporting Person"). The Reporting Person discliaims beneficial ownership of the securities of the Issuer reported owned herein except to the extent of its pecuniary interest therein and except to the extent that such shares are owned directly by the Reporting Person.
  2. Securites of the Issuer held by DP Lending, LLC ("DP Lending"), a wholly owned subsidiary of DPW. Due to this relationship, DPW may be deemed to beneficially own the securities of the Issuer held by DP Lending.
  3. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.07 to$3.10. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and ExchangeCommision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.