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Enlightify Inc. — Director's Dealing 2010
Jan 12, 2010
35110_dirs_2010-01-12_ce461e05-2d55-45ad-942a-bc7f6206e2ea.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: 2010-01-03
Reporting Person: Raeburn Barry L (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-01-12 | Common Stock, par value $0.001 | M | 16178 | — | Acquired | 16178 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-01-03 | Stock Option | $14.7 | A | 3334 | Acquired | 2015-01-03 | Common Stock (3334) | Direct |
| 2010-01-12 | Stock Option | $6 | M | 25000 | Disposed | Common Stock (25000) | Direct |
Footnotes
F1: These shares of common stock were acquired pursuant to the cashless exercise of outstanding stock options as described in footnote 3.
F2: Granted under the Issuer's 2009 Equity Incentive Plan.
F3: Mr. Raeburn received 16,178 shares of common stock upon the cashless exercise of options to purchase 25,000 shares of common stock at an exercise price of $6.00 per share. The cashless exercise was based on the following formula: X = Y[(A-B)/A], whereby X represents the number of shares of common stock issuable upon the cashless exercise (16,178); Y represents the number of shares being exercised (25,000), A represents the arithmetic average of the closing price of the common stock for the five trading days immediately prior to, but not including, the exercise date ($17.002), and B represents the Exercise Price ($6.00).
F4: 7,500 of the options vested on 6/29/08, and 17,500 of the options vested on 07/01/09.
F5: 7,500 of the options expire on 06/28/2010, and 17,500 of the options expire on 06/30/2011.