AI assistant
Enlightify Inc. — Director's Dealing 2009
Aug 19, 2009
35110_dirs_2009-08-19_4d7a3a03-5ce6-4299-9ac8-9965389fc634.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: China Green Agriculture, Inc. (CGA)
CIK: 0000857949
Period of Report: 2009-08-17
Reporting Person: Zhang Yizhao (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-08-17 | Common Stock | P | 5681 | — | Acquired | 5681 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-08-17 | Stock Option | $6 | X | 10000 | Disposed | Common Stock () | Direct |
Footnotes
F1: 3,000 options are exercisable from 06/29/2008; 7,000 options are exercisable from 07/01/2009.
F2: 3,000 options are expiring on 06/28/2010; 7,000 options are expiring on 06/30/2011.
F3: If exercising by cash, the underlying shares of common stock are 10,000; if cashless exercising, the underlying shares of common stock vary depending on the average closing price of the five trading days prior to the option exercise date.
F4: The exercise of the stock option was in a cashless manner pursuant to the following formula:X = Y [(A-B)/A], whereby X represents the number of shares the reporting person is to receive (5,681); Y represents the number of shares the reporting person is to exercise (10,000), A represents the arithmetic average of the closing prices fro the five trading days immediately prior to (but not including) the exercise date ($13.892), B represents the Exercise Price ($6.00).
F5: The shares were received as a result of the option exercise by the reporting person pursuant to a cashless exercise formula stated under Footnote 4 above.