Shek Fung 4
4 · Yayi International Inc · Filed Jun 2, 2010
Insider Transaction Report
Form 4
Shek Fung
DirectorVice President10% Owner
Transactions
- Award
Employee Stock Option (right to buy)
2010-05-31+106,000→ 106,000 totalExercise: $2.25Exp: 2020-05-31→ Common Stock (106,000 underlying)
Footnotes (2)
- [F1]Granted pursuant to a stock option award agreement under the Issuer's 2010 Employee Stock Option and Stock Award Plan, dated May 31, 2010, between the Issuer and the Reporting Person.
- [F2]25% of the Option will vest on the first anniversary of the grant date, and the balance will vest in equal quarterly installments over the next three (3) years on the last day of each quarter, subject to the Reporting Person's continuing employment with the Issuer through these dates.