Sec Form 4 Filing - Meenavalli Venkata @ Longfin Corp - 2017-12-20

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
Meenavalli Venkata
2. Issuer Name and Ticker or Trading Symbol
Longfin Corp [ LFIN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President, CEO and Chairman
(Last) (First) (Middle)
FLAT NO:1338,DAMAS TOWER, (BURJ 2000 BUILDING)ROLLA, SHARJAH, UAE
3. Date of Earliest Transaction (MM/DD/YY)
12/20/2017
(Street)
SHARJAH, C0
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
Class A Common Stock 10,000,000 D
Class B Common Stock 30,000,000 D
Class A Common Stock 4,752,000 I See footnote ( 1 )
Class A Common Stock 12/20/2017 P 2,097,970 A 2,097,970 I See footnote ( 3 )
Class A Common Stock 07/23/2018 S 1,237,869 D 860,000 I See footnote ( 3 )
Class A Common Stock 07/26/2018 S 754,484 D 105,515 I See footnote ( 3 )
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
Meenavalli Venkata
FLAT NO:1338,DAMAS TOWER
(BURJ 2000 BUILDING)ROLLA, SHARJAH, UAE
SHARJAH, C0
X X President, CEO and Chairman
Signatures
/s/ Venkata S Meenavalli 07/27/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares are owned by Stampede Capital Limited. Previously, , Mr. Meenavalli had the ability to influence the voting and disposition of the Common Stock held or controlled by Stampede. However, on July 25, 2018, the Management of Stampede Capital Limited gave voting and dispositive power over the shares owned by Stampeded to its Executive Director, Mr. Emmanuel Dasi. Mr. Meenavalli by virtue of his ownership of 17.28% of the outstanding interest in Stampede Capital Ltd,, has a pecuniary interest in 4,752,000 Shares of Class A Common stock owned of record by Stampede.
( 2 )On December 20, 2017, Urban Storage And Realty Pte Ltd, formerly known as Meridian Enterprises Pte. Ltd. ("Urban Storage") received 2,150,000 shares of Class A Common Stock in exchange for its interest in the website www. Ziddu.com. By virtue of his then ownership of 97.58% of the outstanding interests in Urban Storage, Mr. Meenavalli had a pecuniary interest in 2,097,970 shares of Class A Common Stock owned of record by Urban Storage.
( 3 )Shares are owned by Urban Storage.
( 4 )On July 23, 2018, Mr. Meenavalli sold an approximately 57.58 % interest in Urban Storage to a third party in exchange for approximately $3,666,106, resulting in his owning an approximately 40% interest in Urban Storage. Therefore, Mr. Meenavalli had a pecuniary interest in approximately 860,000 shares of Class A Common Stock owned of record by Urban Storage.
( 5 )On July 25, 2018, Mr. Meenavalli sold an approximately 35.09 % interest in Urban Storage to a third party in exchange for approximately $2,234,502, resulting in his owning an approximately 4.91% interest in Urban Storage. Therefore, Mr. Meenavalli has now a pecuniary interest in approximately 105,515 shares of Class A Common Stock owned of record by Urban Storage.

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