Li Zhilin 4
4 · CHINA PHARMA HOLDINGS, INC. · Filed May 27, 2011
Insider Transaction Report
Form 4
Li Zhilin
DirectorCEO & Interim CFO10% Owner
Transactions
- Award
Non-Qualified Stock Option
2011-05-25+25,000→ 25,000 totalExercise: $2.54From: 2012-05-25Exp: 2013-05-25→ Common Stock (25,000 underlying) - Award
Common Stock
2011-05-25+50,000→ 10,050,000 total
Footnotes (2)
- [F1](1) On May 25, 2011, the reporting person was granted 75,000 shares of restricted stock under the Issuer?s 2010 Long-term Incentive Plan (the ?2010 Incentive Plan?), of which (i) 50,000 shares shall vest on May 25, 2012, and (ii) 25,000* shares shall vest upon the achievement of certain performance-based vesting criteria. * Because the second tranche of 25,000 shares of restricted stock are subject to performance-based vesting criteria which has not yet been achieved, such shares are not reported in Table I of this Form 4.
- [F2](2) On May 25, 2011, the reporting person was granted non-qualified stock options to purchase 50,000 shares of common stock under the 2010 Incentive Plan, of which (i) 25,000 shares shall vest on May 25, 2012; and (ii) 25,000* shall vest upon the achievement of certain performance-based vesting criteria. * Because the second tranche of options to purchase 25,000 shares of common stock are subject to performance-based vesting criteria which has not yet been achieved, such options are not reported in Table II of this Form 4.