Li Tao 4
4 · China Green Agriculture, Inc. · Filed Apr 22, 2011
Insider Transaction Report
Form 4
Li Tao
DirectorPresident, CEO and Chairman10% Owner
Transactions
- Award
Common Stock, par value $0.001
2011-03-31+38,000→ 7,612,987 total - Disposition to Issuer
Stock Option
2011-03-31−20,129→ 10,065 totalExercise: $14.70Exp: 2015-01-03→ Common Stock (20,129 underlying)
Footnotes (2)
- [F1]On March 31, 2011, the reporting person was granted 38,000 shares of restricted stock under the Issuer's 2009 Equity Incentive Plan, with (i) 19,000 of the shares vesting on June 2, 2011 and (ii) 19,000 of the shares vesting on December 31, 2011.
- [F2]On January 3, 2010, the reporting person was granted performance-based options to purchase 30,194 shares of common stock under the Issuer's 2009 Equity Incentive Plan. The options vest in three equal installments on September 30, 2010, 2011 and 2012 if the Issuer achieves certain financial performance targets for the fiscal year ended June 30, 2010. The financial performance targets were achieved, resulting in the vesting of 10,065 options on September 30, 2010. However, on March 31, 2011, the Issuer cancelled the unvested portion of these options.