Ziyang Ceramics Corp 4
4 · Ziyang Ceramics Corp · Filed Jun 28, 2012
Insider Transaction Report
Form 4
Transactions
- Conversion
Common Stock
2012-01-27+7,369,966→ 7,960,001 total - Conversion
3% Convertible Note
2012-01-27+7,369,966→ 0 totalExercise: $2.00From: 2012-01-27Exp: 2012-01-27→ Common Stock (7,369,966 underlying)
Footnotes (3)
- [F1]Reporting person received 236,013,800 shares of Issuer's common stock and a 3% Convertible Note in the principal amount of $14,739,932 (the "Convertible Note") in exchange for 100% of the outstanding shares of China Ziyang Technology Co. in connection with the merger of China Ziyang Technology Co., Ltd. into China America Holdings, Inc. The Convertible Note converts into 7,369,966 shares of Issuer's common stock after giving effect to a 400 for 1 reverse stock split the Issuer completed on January 27, 2012.
- [F2]Subject to the Option Agreement filed as Exhibit 10.5 to the Issuer's Form 8-K filed with the SEC on July 7, 2011.
- [F3]After giving effect to a 400 for 1 reverse stock split completed by the Issuer on January 27, 2012.