Filing Details

Accession Number:
0001383838-16-000025
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-24 11:27:05
Reporting Period:
2016-05-23
Filing Date:
2016-05-24
Accepted Time:
2016-05-24 11:27:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1499494 China Xiniya Fashion Ltd XNY () NC
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1383838 Management Capital Shah 8601 Six Forks Road
Suite 630
Raleigh NC 27615
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
China Xiniya Fashion Ltd Acquisiton 2016-05-23 74,200 $1.10 2,355,700 No 4 P Indirect See Footnote 2
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote 2
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
China Xiniya Fashion Ltd 272,222 Indirect See Footnote 1
China Xiniya Fashion Ltd 37,743 Direct
Footnotes
  1. Represents shares of common stock deemed to be owned beneficially by Shah Capital Management (SCM) solely as a result of its discretionary power over such shares as investment adviser to its separately managed account clients
  2. Represents shares of common stock owned by Shah Capital Opportunity Fund LP (the Fund) which could be deemed to be owned beneficially by SCM solely as a result of its discretionary power over such shares as investment adviser to the Fund, and Shah Capital LLC, as general partner to the Fund.
  3. Represents shares held by Himanshu H. Shah. Mr. Shah is the President of SCM and the Managing Member of Shah Capital LLC and holds a controlling percentage of the outstanding voting securities of both entities. As a result of his position with and ownership of these entities he could be deemed the beneficiary of the shares beneficially owned by Shah Capital LLC on behalf of the Fund, and SCM for other separate account clients and those held by the Fund. Mr. Shah disclaims beneficial ownership of shares beneficially owned by SCM, Shah Capital LLC and the Fund except to the extent of his pecuniary interest in such shares.