Bai Yulu 4
4 · China Forestry Industry Group, Inc. · Filed Sep 8, 2011
Insider Transaction Report
Form 4
Bai Yulu
DirectorChief Executive Ofiicer10% Owner
Transactions
- Exercise of In-Money
Common Stock, $0.001 par value
2011-09-06$0.12/sh+20,500,000$2,480,500→ 20,500,000 total
Footnotes (1)
- [F1]In accordance with the option agreement, dated May 17, 2010, by and between the reporting person and his wife, Ms. Ren Ping Tu, the reporting person exercised the option to acquire all 20,500,000 shares of the issuer's common stock held by her for an exercise price of $2,500,000.