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Enlightify Inc. — Director's Dealing 2010
Feb 16, 2010
35110_dirs_2010-02-16_66d7049c-5640-4114-bb40-d343125390f8.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: 2009-08-17
Reporting Person: Hao Yu (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-08-17 | Common Stock, par value $0.001 | M | 7661 | — | Acquired | 25356 | Direct |
| 2010-02-11 | Common Stock, par value $0.001 | A | 3334 | — | Acquired | 28690 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2009-08-17 | Stock Option | $3.25 | M | 10000 | Disposed | 2011-01-30 | Common Stock (10000) | 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: Represents the grant of restricted stock under the Issuer's 2009 Equity Incentive Plan. The restricted stock vests on March 11, 2010.
F3: Mr. Hao received 7,661 shares of common stock upon the cashless exercise of options to purchase 10,000 shares of common stock at an exercise price of $3.25 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 (7,661); Y represents the number of shares being exercised (10,000), 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 ($13.892), and B represents the exercise price ($3.25).