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Smart Powerr Corp. Director's Dealing 2013

Aug 22, 2013

35421_dirs_2013-08-22_c9dc24f0-6558-4c27-8c0b-e849b9a54a2d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHINA RECYCLING ENERGY CORP (CREG)
CIK: 0000721693
Period of Report: 2013-08-03

Reporting Person: Li Lanwei (Director, Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-08-03 Common stock M 300000 $.80 Acquired 300000 Direct
2013-08-03 Common stock F 86331 $2.78 Disposed 213669 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-08-03 Stock Option (right to buy) $.80 M 300000 Disposed 2013-08-04 Common stock (300000) Direct

Footnotes

F1: The options vested as to 15% on the six-month anniversary of the grant date, 15% on the first anniversary of the grant date, 50% on the second anniversary of the grant date and the remaining 20% on the third anniversary of the grant date.