Liang Zhaohui John 4
4 · CHINA OUMEI REAL ESTATE INC. · Filed Dec 3, 2010
Insider Transaction Report
Form 4
Liang Zhaohui John
Chief Financial Officer
Transactions
- Award
Share Option (right to buy)
2010-11-04$5.00/sh+372,000$1,860,000→ 372,000 totalExercise: $5.00Exp: 2020-11-03→ Ordinary Shares, $0.002112 par value (372,000 underlying)
Footnotes (1)
- [F1]On November 4, 2010, China Oumei Real Estate Inc. (the "Issuer") granted Zhaohui John Liang (the "Reporting Person") an option to purchase 372,000 ordinary shares under the Issuer's 2010 Equity Incentive Plan. The option vests with respect to 50% of such shares on December 15, 2010, and thereafter with respect to 5% of such shares on each successive one-month anniversary thereof, commencing with the first such anniversary; provided, however, that the option cannot begin vesting until the consummation of the Issuer's public offering. However, upon the consummation of the public offering, the option will have an immediate vesting of all shares that would have otherwise vested at such time. The option will vest in full if the Reporting Person is terminated without cause.