Sec Form 4 Filing - KWOK YAM SHEUNG @ Deyu Agriculture Corp. - 2015-05-14

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
KWOK YAM SHEUNG
2. Issuer Name and Ticker or Trading Symbol
Deyu Agriculture Corp. [ DEYU]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
UNIT 106, TEM CENTRE,, TOWER II, 251 QUEEN'S ROAD
3. Date of Earliest Transaction (MM/DD/YY)
05/14/2015
(Street)
CENTRAL HONG KONG, K300000
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/14/2015 S 1,615,000 ( 1 ) D $ 0.4 968,655 I See footnote ( 1 )
Common Stock 05/14/2015 S 968,655 ( 2 ) D $ 0.4 0 I See footnote ( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KWOK YAM SHEUNG
UNIT 106, TEM CENTRE,
TOWER II, 251 QUEEN'S ROAD
CENTRAL HONG KONG, K300000
X
Signatures
/s/ Yam Sheung KWOK 05/21/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Prior to the disposition described herein, the Reporting Person owned 100% of the issued and outstanding equity of each of (a) Sure Glory Holdings Limited, which directly owned 748,636 shares of common stock, par value $0.001 per share ("Common Stock"), (b) Charming Action Management Limited, which directly owned 616,364 shares of Common Stock, and (c) Golden Country Group Limited, which directly owned 250,000 shares of Common Stock and as a result, the Reporting Person indirectly owned 1,615,000 shares of Common Stock.
( 2 )Expert Venture Ltd., a British Virgin Islands entity ("Expert Venture"), directly owns an aggregate of 5,381,420 shares of Common Stock of Deyu Agriculture Corp., of which the Reporting Person held an 18% interest in Expert Venture, which represented 968,655 shares of Common Stock. The Reporting Person has disposed of his interest in Expert Venture. The Reporting Person disclaims beneficial ownership of the securities disposed of except to the extent of his pecuniary interest therein.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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