Xia Shudong 4
4 · China TransInfo Technology Corp. · Filed Nov 2, 2012
Insider Transaction Report
Form 4
Xia Shudong
DirectorCEO and President10% Owner
Transactions
- Disposition to Issuer
Common Stock, par value $0.001 per share
2012-10-31−1,031,835→ 0 total - Disposition to Issuer
Common Stock, par value $0.001 per share
2012-10-31−6,005,242→ 0 total(indirect: Held by Karmen Investment Holdings Limited)
Footnotes (3)
- [F1]On October 31, 2012, China TransInfo Technology Corp. (the "Issuer") completed the merger pursuant to that certain Agreement and Plan of Merger dated as of June 8, 2012 (the "Merger Agreement"), by and among the Issuer, TransCloud Company Limited, a Cayman Islands exempted company with limited liability ("Parent") and TransCloud Acquisition, Inc., a Nevada corporation and a wholly owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Parent.
- [F2]In connection with the Merger, the reporting person contributed 7,037,077 shares of the Issuer's common stock to Parent immediately prior to the consummation of the Merger pursuant to that certain contribution agreement dated as of June 7, 2012, by and among Parent, Shudong Investments Limited, a British Virgin Islands company, the reporting person and certain other stockholders of the Issuer.
- [F3]Karmen Investment Holdings Limited is wholly-owned by East Action Investment Limited, of which the reporting person is the sole shareholder.