SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Blankenbaker Jr. George S.

(Last) (First) (Middle)
7117 US 31 S

(Street)
INDIANAPOLIS IN 46227

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Stevia Corp [ STEV ]
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, Secretary, and Tr.
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2014
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 02/26/2014 J 16,744,682 A (1) 16,744,682 I(2) By Blankenbaker Ventures (Asia) Pte. Ltd.(2)
Common Stock 02/26/2014 J 20,000,000 A (3) 36,744,682 I(2) By Blankenbaker Ventures (Asia) Pte. Ltd.
Common Stock 02/26/2014 J 3,000,000 A (4) 3,500,000 I(5) By Growers Synergy Pte. Ltd.(5)
Common Stock 12,000,000 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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Explanation of Responses:
1. Shares were issued to Blankenbaker Ventures (Asia) Pte. Ltd. (BV Asia) pursuant to a Debt Conversion Agreement by and between the Issuer and the Reporting Person.
2. Shares are held by BV Asia, of which the Reporting Person owns a 65% controlling interest.
3. Shares were issued as consideration for services rendered by the Reporting Person to the Company pursuant to a restricted stock award agreement by and between the Issuer and the Reporting Person. The Reporting Person directed the shares to be issued to BV Asia, an entity in which the Reporting Person has a 65% controlling interest. The shares vest according to the following vesting schedule: 4,000,000 shares vested on February 26, 2014; thereafter 4,000,000 shares shall vest each February 26th.
4. Shares were issued to Growers Synergy Pte Ltd. ("Growers Synergy") as consideration for services rendered by Growers Synergy to the Company.
5. Shares are held by Growers Synergy, of which the Reporting Person is the Managing Director. Growers Fresh Pte. Ltd. ("Growers Fresh") owns a 51% interest in Growers Synergy and the Reporting Person controls a 49% interest in Growers Fresh. The Reporting Person may be deemed to be the indirect beneficial owner of such shares under Rule 16a-1(a)(2) promulgated under the Exchange Act. However, pursuant to Rule 16a-1(a)(4) promulgated under the Exchange Act, the Reporting Person disclaims that he is a beneficial owner of such shares, except to the extent of his pecuniary interest herein.
Remarks:
/s/ George S. Blankenbaker, Jr. 02/28/2014
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.