0001437749-24-022254.txt : 20240705
0001437749-24-022254.hdr.sgml : 20240705
20240705172152
ACCESSION NUMBER: 0001437749-24-022254
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240701
FILED AS OF DATE: 20240705
DATE AS OF CHANGE: 20240705
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: He Xin
CENTRAL INDEX KEY: 0001489128
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35824
FILM NUMBER: 241103089
MAIL ADDRESS:
STREET 1: 32000 AURORA ROAD
STREET 2: SUITE B
CITY: SOLON
STATE: OH
ZIP: 44139
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Professional Diversity Network, Inc.
CENTRAL INDEX KEY: 0001546296
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 800900177
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 55 EAST MONROE STREET
STREET 2: SUITE 2120
CITY: CHICAGO
STATE: IL
ZIP: 60603
BUSINESS PHONE: 312-614-0950
MAIL ADDRESS:
STREET 1: 55 EAST MONROE STREET
STREET 2: SUITE 2120
CITY: CHICAGO
STATE: IL
ZIP: 60603
FORMER COMPANY:
FORMER CONFORMED NAME: Professional Diversity Network, LLC
DATE OF NAME CHANGE: 20120402
4
1
rdgdoc.xml
FORM 4
X0508
4
2024-07-01
0001546296
Professional Diversity Network, Inc.
IPDN
0001489128
He Xin
C/O PDN INC.
55 EAST MONROE STREET, SUITE 2120
CHICAGO
IL
60603
1
1
CEO
0
Common Stock
2024-07-01
4
A
0
40000
0
A
280938
D
Common Stock
2024-07-01
4
A
0
1000000
0.4950
A
1280938
I
See footnote
Restricted Stock Units
0
2023-07-19
4
A
0
40000
0
A
Common Stock
40000
40000
D
Stock Options
4.4600
2024-07-05
2034-07-05
Common Stock
15000
15000
D
Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon vesting.
On July 18, 2023, the Company granted an award of 120,000 shares of Restricted Stock Units to Mr. He in connection with the execution of an employment agreement between the Company and Mr. He. The Restricted Stock Units issued to the Executive will vest one third (1/3) annually. The last 40,000 shares underlying the Restricted Stock Units will vest on July 18, 2025.
On June 28, 2024, the Company entered into a stock purchase agreement of 1,000,000 shares of the Company's common stock at a unit price of $0.495 with Eighty-eight Investment LLC, wholly owned and controlled by Mr. He. The Agreement resulted in aggregate proceeds of $495,000.
Mr. He held 15,000 shares of stock option of the Company prior to the reported transactions.
/s/ Xin He
2024-07-05