Sec Form 4 Filing - SHAH CAPITAL MANAGEMENT @ ReneSola Ltd - 2019-12-30

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
SHAH CAPITAL MANAGEMENT
2. Issuer Name and Ticker or Trading Symbol
ReneSola Ltd [ SOL]
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)
8601 SIX FORKS ROAD, SUITE 630
3. Date of Earliest Transaction (MM/DD/YY)
12/30/2019
(Street)
RALEIGH, NC27615
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
ADR 12/30/2019 P 9,724 A $ 1.39 13,234,099 I See Footnote 1 ( 1 )
ADR 12/31/2019 P 20,901 A $ 1.41 13,255,000 I See Footnote 1
ADR 651,549 I See Footnote 2 ( 2 )
ADR ( 3 ) 47,370 D
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
SHAH CAPITAL MANAGEMENT
8601 SIX FORKS ROAD
SUITE 630
RALEIGH, NC27615
X
Signatures
Himanshu H. Shah 01/02/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents ADRs owned by Shah Capital Opportunity Fund LP (the "Fund") of which Mr. Himanshu H. Shah, President and CIO of Shah Capital Management (SCM), owns some interest which could be deemed to be owned beneficially by (i) SCY solely as a result of its discretionary power over such shares as investment adviser to the Fund and (ii) Shah Capital LLC as General Partners to the Fund
( 2 )Represents ADRs owned beneficially by SCM solely as a result of its discretionary power over such shares as investment adviser to its separately managed accounts clients
( 3 )Represents shares held by Mr. Shah directly. This filing is being made by SCM, Shsh Capital LLC and Mr. Shah. Holdings reported herein are current as of January 2, 2019.

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