0000899243-16-031491.txt : 20161011 0000899243-16-031491.hdr.sgml : 20161011 20161011061450 ACCESSION NUMBER: 0000899243-16-031491 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161006 FILED AS OF DATE: 20161011 DATE AS OF CHANGE: 20161011 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: EnSync, Inc. CENTRAL INDEX KEY: 0001140310 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 391987014 STATE OF INCORPORATION: WI FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: N93 W14475 WHITTAKER WAY CITY: MENOMONEE FALLS STATE: WI ZIP: 53051 BUSINESS PHONE: 262-253-9800 MAIL ADDRESS: STREET 1: N93 W14475 WHITTAKER WAY CITY: MENOMONEE FALLS STATE: WI ZIP: 53051 FORMER COMPANY: FORMER CONFORMED NAME: ZBB ENERGY CORP DATE OF NAME CHANGE: 20010509 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: He Jilun CENTRAL INDEX KEY: 0001684251 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33540 FILM NUMBER: 161929172 MAIL ADDRESS: STREET 1: 45F, CHINA RESOURCES BUILDING STREET 2: 26 HARBOUR ROAD, WAN CHAI CITY: HONG KONG STATE: K3 ZIP: 00000 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2016-10-06 0 0001140310 EnSync, Inc. ESNC 0001684251 He Jilun 45F, CHINA RESOURCES BUILDING 26 HARBOUR ROAD, WAN CHAI HONG KONG K3 00000 HONG KONG 0 0 1 0 Common Stock 2016-10-06 4 P 0 23030 0.998 A 5191543 D Common Stock 2016-10-07 4 P 0 364746 1.0514 A 5556289 D Common Stock 2016-10-08 4 P 0 279540 1.095 A 5835829 D Common Stock 8000000 I By Melodious Investments Company Limited Series C-1 Convertible Preferred Stock 0.6678 Common Stock 10500000 10500000 I By Melodious Investments Company Limited Series C-2 Convertible Preferred Stock 0.6678 Common Stock 6500000 6500000 I By Melodious Investments Company Limited This transaction was executed in multiple trades at prices ranging from $0.98 to $1.0; the price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer. This transaction was executed in multiple trades at prices ranging from $1.029 to $1.06; the price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer. This transaction was executed in multiple trades at prices ranging from $1.06 to $1.14; the price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer. Jilun He currently owns the entire outstanding share capital of Melodious International Investments Group Limited, which currently owns the entire outstanding share capital of Melodious Investments Company Limited which directly holds (i) 8,000,000 shares of the issuer's Common Stock, and (ii) 7,012 shares of the issuer's Series C-1 Convertible Preferred Stock and 4,341 shares of the issuer's Series C-2 Convertible Preferred Stock. Jilun He is the sole director of Melodious International Investments Group Limited and Melodious Investments Company Limited. Pursuant to a share purchase agreement dated as of August 30, 2016 among Melodious Investments Company Limited ("MICL"), Jilun He and SPI Solar, Inc. ("SPI"), MICL has the right to request SPI to repurchase such Series C-1 Convertible Preferred Stock and Series C-2 Convertible Preferred Stock (the "Preferred Shares") at a price of US$1,018.25 per share, plus an uncompounded 10% annual interest in the event any of the Preferred Shares is not converted into Common Stock of the issuer within six months following the closing date under the share purchase agreement. Series C-1 Convertible Preferred Stock will only become convertible upon the completion of five megawatts worth of solar projects (the "Projects") in accordance with certain supply agreement by and between Solar Power, Inc. and the issuer dated July 13, 2015 and has no expiration date. Series C-2 Convertible Preferred Stock will only become convertible upon the completion of 15 megawatts worth of Projects and has no expiration date. /s/ He Jilun 2016-10-11