4//SEC Filing
Wang Jianbao 4
Accession 0001062993-11-002252
CIK 0001080360other
Filed
May 17, 8:00 PM ET
Accepted
May 18, 12:47 PM ET
Size
5.4 KB
Accession
0001062993-11-002252
Insider Transaction Report
Form 4
Wang Jianbao
Chief Executive Officer
Transactions
- Award
Common Stock
2011-05-16+500,000→ 500,000 total
Footnotes (1)
- [F1]On May 16, 2011, the Reporting Person was granted 500,000 shares of common stock pursuant to a Restricted Stock Grant Agreement. 125,000 shares of Mr. Wang's restricted stock will vest immediately. The remaining shares will vest in three equal installments (or 125,000 shares each installment) over a three-year period starting from January 1, 2012 subject to the criteria set forth therein. The first installment will vest on January 1, 2012 after the Company has changed its auditor and has made improvement in its internal control or upon approval by the Board and the Compensation Committee. The Compensation Committee will determine the criteria upon which the vesting of the second and third installments will be based.
Issuer
CHINA VALVES TECHNOLOGY, INC
CIK 0001080360
Entity typeother
Related Parties
1- filerCIK 0001521054
Filing Metadata
- Form type
- 4
- Filed
- May 17, 8:00 PM ET
- Accepted
- May 18, 12:47 PM ET
- Size
- 5.4 KB