XU RONGLIE 4
4 · NETWORK CN INC · Filed Mar 17, 2009
Insider Transaction Report
Form 4
NETWORK CN INCNWCN
XU RONGLIE
Director
Transactions
- Award
Common Stock, par value $0.001 per share
2008-07-01+15,000→ 30,000 total - Award
Common Stock, par value $0.001 per share
2007-09-01+15,000→ 15,000 total
Footnotes (3)
- [F1]On September 1, 2007, the reporting person received an aggregate award of 15,000 shares of the Issuer's common stock, as consideration for services rendered as a director and as chair of the Issuer's Nominating and Remuneration Committees, between September 1, 2007 and June 30, 2008, all of which vested on June 30, 2008.
- [F2]On July 1, 2008, the reporting person received an aggregate award of 15,000 shares of the Issuer's common stock, as consideration for services rendered as a director and as chair of the Issuer's Remuneration Committee, between July 1, 2008 and June 30, 2009, and as chair of the Issuer's Nominating Committee from October 1, 2008 and June 30, 2009, so long as the reporting person continues in his role as a director of the Issuer on June 30, 2009, the scheduled vesting date.
- [F3]The reporting person only has the right to vote and dispose of 15,000 shares of the Issuer's common stock. The remaining 15,000 shares are scheduled to vest on June 30, 2009.