0001144204-17-023948.txt : 20170502 0001144204-17-023948.hdr.sgml : 20170502 20170502161739 ACCESSION NUMBER: 0001144204-17-023948 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170428 FILED AS OF DATE: 20170502 DATE AS OF CHANGE: 20170502 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: WPCS INTERNATIONAL INC CENTRAL INDEX KEY: 0001086745 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 980204758 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 521 RAILROAD AVE CITY: SUISUN STATE: CA ZIP: 94585 BUSINESS PHONE: 7074321300 MAIL ADDRESS: STREET 1: 521 RAILROAD AVE CITY: SUISUN STATE: CA ZIP: 94585 FORMER COMPANY: FORMER CONFORMED NAME: PHOENIX STAR VENTURES INC DATE OF NAME CHANGE: 20010424 FORMER COMPANY: FORMER CONFORMED NAME: WOWTOWN COM INC DATE OF NAME CHANGE: 20000315 FORMER COMPANY: FORMER CONFORMED NAME: PARAMOUNT SERVICES CORP DATE OF NAME CHANGE: 19990519 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Allen David R CENTRAL INDEX KEY: 0001389440 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34643 FILM NUMBER: 17805231 MAIL ADDRESS: STREET 1: C/O CONVERTED ORGANICS INC. STREET 2: 7A COMMERCIAL WHARF WEST CITY: BOSTON STATE: MA ZIP: 02110 4 1 v465750_4.xml OWNERSHIP DOCUMENT X0306 4 2017-04-28 0 0001086745 WPCS INTERNATIONAL INC WPCS 0001389440 Allen David R C/O WPCS INTERNATIONAL INCORPORATED 521 RAILROAD AVENUE SUISUN CITY CA 94585 0 1 0 0 CFO Stock Option (right to purchase) 1.35 2017-04-28 4 A 0 175000 0.00 A 2017-04-28 2027-04-28 Common Stock 175000 595000 D The options were granted under the WPCS International Incorporated 2014 Equity Incentive Plan. 75,000 options vested immediately upon granting, and 100,000 options will vest upon the Issuer closing on a merger or acquisition transaction by the date of the next annual meeting of the shareholders. In addition, all 595,000 options owned by the Reporting Person are subject to a lock up agreement which will expire on the earlier of December 30, 2017 and a change in control of the Issuer. /s/ David R. Allen 2017-05-02