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Detailed filing of beneficial ownership by Michael Chan for FingerMotion, Inc. as of April 16, 2018, pursuant to SEC regulations. Filed on May 3, 2022.
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SEC Form 3 is a filing with the Securities and Exchange Commission (SEC) that is used to report the initial ownership of securities by an individual or entity that is an insider of a public company.
Insiders of a public company, which typically include officers, directors, and certain shareholders who own more than 10% of the company's stock, are required to file SEC Form 3.
To fill out SEC Form 3, individuals need to provide information such as their name, address, relationship to the issuer, and details about the securities being reported, including class of securities, date of acquisition, and ownership type.
The purpose of SEC Form 3 is to increase transparency in the market by disclosing the equity ownership of insiders to the public, helping investors make informed decisions.
SEC Form 3 must report information including the insider's name, their relationship to the company, the type of security (e.g., stock options, common stock), the amount of securities owned, and the date of the transaction.
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