Mak Peter 4
4 · NETWORK CN INC · Filed Aug 11, 2009
Insider Transaction Report
Form 4
NETWORK CN INCNWCN.OB
Mak Peter
Director
Transactions
- Award
Common Stock $0.001 par value
2009-07-15+600,000→ 630,000 total
Footnotes (2)
- [F1]On July 15, 2009, the reporting person received an aggregate award of 600,000 shares of the Issuer's common stock, as consideration for services rendered as a director, between July 2, 2009 and July 1, 2010, so long as the reporting person continues in his role as a director of the Issuer on July 1, 2010, the scheduled vesting date.
- [F2]The reporting person only has the right to vote and dispose of 30,000 shares of the Issuer's common stock. The remaining 600,000 shares are scheduled to vest on July 1, 2010.