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Enlightify Inc. — Director's Dealing 2009
Dec 8, 2009
35110_dirs_2009-12-08_973f13b7-d65f-484a-9414-d3308331193f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: China Green Agriculture, Inc. (CGA)
CIK: 0000857949
Period of Report: 2009-10-09
Reporting Person: Li Tao (Director, President, CEO and Chairman, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-10-09 | Common Stock, par value $0.001 | J | 3156808 | — | Acquired | 7897710 | Direct |
| 2009-12-04 | Common Stock, par value $0.001 | S | 11647 | $17.0129 | Disposed | 7886063 | Direct |
| 2009-12-07 | Common Stock, par value $0.001 | S | 261296 | $17.5708 | Disposed | 7624767 | Direct |
| 2009-12-08 | Common Stock, par value $0.001 | S | 81257 | $18.0833 | Disposed | 7543510 | Direct |
Footnotes
F1: Pursuant to a certain Securities Purchase Agreement and a certain Make Good Share Escrow Agreement, each dated December 24, 2007 (the "Agreements"), 3,156,808 shares (the "Escrowed Shares") of common stock were placed into escrow. According to the terms of the Agreements, in the event that China Green Agriculture, Inc. achieved certain financial performance targets for the fiscal year 2009, the Escrowed Shares would be transferred to Mr. Li. As of October 9, 2009, such financial performance targets were achieved and the Escrowed Shares were transferred to Mr. Li.
F2: The 11,647 shares of common stock sold on December 4, 2009 were sold in multiple same-way open market sale transactions at different prices ranging from $17.00 to $17.50. The weighted average sale price for the shares was $17.0129.
F3: The Reporting Person hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4: The 261,296 shares of common stock sold on December 7, 2009 were sold in multiple same-way open market sale transactions at different prices ranging from $17.40 to $17.76. The weighted average sale price for the shares was $17.5708.
F5: The 81,257 shares of common stock sold on December 8, 2009 were sold in multiple same-way open market sale transactions at different prices ranging from $17.80 to $18.34. The weighted average sale price for the shares was $18.0833.