Yang Ming 4
4 · China Biologic Products, Inc. · Filed Sep 5, 2012
Insider Transaction Report
Form 4
Yang Ming
Interim CFO
Transactions
- Award
Restricted Stock
2012-08-31+25,000→ 25,000 total - Award
Stock Option
2012-08-31+50,000→ 50,000 totalExercise: $9.85Exp: 2022-08-31→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Represents the grant of restricted stock to the Reporting Person, under the Issuer's 2008 equity incentive plan, pursuant to a restricted stock grant agreement dated August 31, 2012. The restricted stock will vest annually over a 4-year period in four equal portions, with the initial vesting date being September 1, 2013, provided that the Reporting Person is employed by the Issuer on each vesting date.
- [F2]Represents ten year non-qualified stock options to purchase 50,000 shares of the Issuer's common stock, granted to the Reporting Person under the Issuer's 2008 equity incentive plan, pursuant to a stock option agreement dated August 31, 2012. The options will vest annually over a 4-year period in four equal portions, with the initial vesting date being September 1, 2013, provided that the Reporting Person is employed by the Issuer on each vesting date.