Sec Form 4 Filing - Wang Guan @ Alberton Acquisition Corp - 2018-11-20

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
Wang Guan
2. Issuer Name and Ticker or Trading Symbol
Alberton Acquisition Corp [ ALAC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Secretary and Treasurer
(Last) (First) (Middle)
ROOM 1001, 10/F, CAPITAL CENTER,, 151 GLOUCHESTER ROAD
3. Date of Earliest Transaction (MM/DD/YY)
11/20/2018
(Street)
WANCHAI,, K3
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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
Ordinary Shares 11/20/2018 J 1,441 D 1,628,559 I By Hong Ye Hong Kong Shareholding Co., Limited ( 2 )
Ordinary Shares 11/20/2018 P 29,760 A 1,658,319 I By Hong Ye Hong Kong Shareholding Co., Limited ( 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
Warrants to Purchase Ordinary Shares $ 11.5 11/20/2018 P 29,760 ( 4 ) ( 5 ) Ordinary Shares 14,880 ( 3 ) 164,880 I By Hong Ye Hong Kong Shareholding Co., Limited ( 2 )
Rights to Purchase Ordinary Shares ( 6 ) 11/20/2018 P 29,760 ( 6 ) ( 6 ) Ordinary Shares 2,976 ( 3 ) 32,976 I By Hong Ye Hong Kong Shareholding Co., Limited ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Wang Guan
ROOM 1001, 10/F, CAPITAL CENTER,
151 GLOUCHESTER ROAD
WANCHAI,, K3
X X Secretary and Treasurer
Hong Ye Hong Kong Shareholding Co., Ltd.
ROOM 1001, 10/F, CAPITAL CENTER,
151 GLOUCESTER ROAD
WANCHAI, K3
X
Signatures
/s/ Guan Wang 11/20/2018
Signature of Reporting Person Date
Hong Ye Hong Kong Shareholding Co., Limited By: /s/ Guan Wang 11/20/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )1,441 shares were forfeited for no additional consideration in connection with the underwriters' election not to fully exercise the over-allotment option as described in the Issuer's registration statement on Form S-1.
( 2 )The securities reported herein are held by Hong Ye Hong Kong Shareholding Co., Limited (the "Sponsor") and may be deemed to be indirectly beneficially owned by Guan Wang. Guan Wang disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
( 3 )In connection with the underwriters' election to partially exercise the over-allotment option granted in connection with the Issuer's initial public offering, the Sponsor acquired, at a price of $10.00 per unit, 29,760 additional units (the "Private Units") for an aggregate purchase price of $297,600. Each Private Unit consists of one ordinary share, one warrant to purchase one half of one ordinary share and one right to receive one tenth of one ordinary share.
( 4 )The warrants become exercisable on the later of (i) the completion of the registrant's initial business combination and (ii) 12 months from the date of the prospectus relating to the registrant's initial public offering.
( 5 )The warrants expire 5 years after the closing of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the prospectus relating to the registrant's initial public offering.
( 6 )The rights convert automatically into ordinary shares at the completion of the registrant's initial business combination.

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