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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.