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4//SEC Filing

LU PRISCILLA M 4

Accession 0001072613-11-000432

CIK 0001024628other
View on SEC.govCompany Profile

Filed

Apr 28, 8:00 PM ET

Accepted

Apr 29, 9:27 PM ET

Size

34.5 KB

Accession

0001072613-11-000432

Insider Transaction Report

Form 4
Period: 2009-08-06
ZAPZAAP
China Electric Vehicle Corp
Other
Transactions
  • Purchase

    Common Stock Warrants (right to buy)

    2009-08-06+10,000,000→ 16,600,364 total
    Exercise: $0.50From: 2009-08-06Exp: 2014-08-06→ Common Stock (10,000,000 underlying)
  • Conversion

    Secured Convertible Promissory Note

    2009-08-06$10000000.00/sh→ 36,600,364 total
    Exercise: $0.50From: 2009-08-06Exp: 2012-12-31→ Common Stock (20,000,000 underlying)
  • Purchase

    Common Stock

    2010-07-09$0.25/sh+44,000,000$11,000,000→ 70,000,000 total
  • Purchase

    Common Stock

    2009-08-06$0.25/sh+20,000,000$5,000,000→ 20,000,000 total
  • Award

    Employee Stock Option (right to buy)

    2009-08-06+1,000,000→ 1,000,000 total
    Exercise: $0.39From: 2009-08-06Exp: 2019-08-05→ Common Stock (1,000,000 underlying)
  • Purchase

    Common Stock Warrants (right to buy)

    2009-08-06+6,000,000→ 42,600,364 total
    Exercise: $0.50Exp: 2014-08-06→ Common Stock (6,000,000 underlying)
  • Purchase

    Common Stock

    2010-01-15+6,000,000→ 26,000,000 total
  • Purchase

    Common Stock

    2010-11-10+5,000,000→ 75,000,000 total
  • Award

    Employee Stock Option (right to buy)

    2009-08-06+5,600,364→ 6,600,364 total
    Exercise: $0.39Exp: 2019-08-05→ Common Stock (5,600,354 underlying)
  • Conversion

    Senior Secured Convertible Promissory Note

    2011-01-12$19000000.00/sh→ 126,865,364 total
    From: 2011-01-12Exp: 2012-02-12→ Common Stock
  • Purchase

    Common Stock Warrants (right to buy)

    2011-01-12+20,000,000→ 146,865,364 total
    Exercise: $0.50From: 2011-01-12Exp: 2013-01-12→ Common Stock (20,000,000 underlying)
Cathaya Capital LP
Director10% OwnerOther
Transactions
  • Purchase

    Common Stock

    2009-08-06$0.25/sh+20,000,000$5,000,000→ 20,000,000 total
  • Purchase

    Common Stock

    2010-07-09$0.25/sh+44,000,000$11,000,000→ 70,000,000 total
  • Purchase

    Common Stock

    2010-11-10+5,000,000→ 75,000,000 total
  • Award

    Employee Stock Option (right to buy)

    2009-08-06+1,000,000→ 1,000,000 total
    Exercise: $0.39From: 2009-08-06Exp: 2019-08-05→ Common Stock (1,000,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2009-08-06+5,600,364→ 6,600,364 total
    Exercise: $0.39Exp: 2019-08-05→ Common Stock (5,600,354 underlying)
  • Purchase

    Common Stock Warrants (right to buy)

    2009-08-06+10,000,000→ 16,600,364 total
    Exercise: $0.50From: 2009-08-06Exp: 2014-08-06→ Common Stock (10,000,000 underlying)
  • Conversion

    Secured Convertible Promissory Note

    2009-08-06$10000000.00/sh→ 36,600,364 total
    Exercise: $0.50From: 2009-08-06Exp: 2012-12-31→ Common Stock (20,000,000 underlying)
  • Purchase

    Common Stock

    2010-01-15+6,000,000→ 26,000,000 total
  • Purchase

    Common Stock Warrants (right to buy)

    2009-08-06+6,000,000→ 42,600,364 total
    Exercise: $0.50Exp: 2014-08-06→ Common Stock (6,000,000 underlying)
  • Conversion

    Senior Secured Convertible Promissory Note

    2011-01-12$19000000.00/sh→ 126,865,364 total
    From: 2011-01-12Exp: 2012-02-12→ Common Stock
  • Purchase

    Common Stock Warrants (right to buy)

    2011-01-12+20,000,000→ 146,865,364 total
    Exercise: $0.50From: 2011-01-12Exp: 2013-01-12→ Common Stock (20,000,000 underlying)
Better World International Ltd
Other
Transactions
  • Purchase

    Common Stock

    2009-08-06$0.25/sh+20,000,000$5,000,000→ 20,000,000 total
  • Conversion

    Senior Secured Convertible Promissory Note

    2011-01-12$19000000.00/sh→ 126,865,364 total
    From: 2011-01-12Exp: 2012-02-12→ Common Stock
  • Purchase

    Common Stock Warrants (right to buy)

    2011-01-12+20,000,000→ 146,865,364 total
    Exercise: $0.50From: 2011-01-12Exp: 2013-01-12→ Common Stock (20,000,000 underlying)
  • Purchase

    Common Stock

    2010-01-15+6,000,000→ 26,000,000 total
  • Award

    Employee Stock Option (right to buy)

    2009-08-06+1,000,000→ 1,000,000 total
    Exercise: $0.39From: 2009-08-06Exp: 2019-08-05→ Common Stock (1,000,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2009-08-06+5,600,364→ 6,600,364 total
    Exercise: $0.39Exp: 2019-08-05→ Common Stock (5,600,354 underlying)
  • Purchase

    Common Stock

    2010-07-09$0.25/sh+44,000,000$11,000,000→ 70,000,000 total
  • Purchase

    Common Stock

    2010-11-10+5,000,000→ 75,000,000 total
  • Purchase

    Common Stock Warrants (right to buy)

    2009-08-06+10,000,000→ 16,600,364 total
    Exercise: $0.50From: 2009-08-06Exp: 2014-08-06→ Common Stock (10,000,000 underlying)
  • Conversion

    Secured Convertible Promissory Note

    2009-08-06$10000000.00/sh→ 36,600,364 total
    Exercise: $0.50From: 2009-08-06Exp: 2012-12-31→ Common Stock (20,000,000 underlying)
  • Purchase

    Common Stock Warrants (right to buy)

    2009-08-06+6,000,000→ 42,600,364 total
    Exercise: $0.50Exp: 2014-08-06→ Common Stock (6,000,000 underlying)
LU PRISCILLA M
Director
Transactions
  • Purchase

    Common Stock

    2009-08-06$0.25/sh+20,000,000$5,000,000→ 20,000,000 total
  • Purchase

    Common Stock

    2010-01-15+6,000,000→ 26,000,000 total
  • Purchase

    Common Stock

    2010-07-09$0.25/sh+44,000,000$11,000,000→ 70,000,000 total
  • Purchase

    Common Stock

    2010-11-10+5,000,000→ 75,000,000 total
  • Award

    Employee Stock Option (right to buy)

    2009-08-06+1,000,000→ 1,000,000 total
    Exercise: $0.39From: 2009-08-06Exp: 2019-08-05→ Common Stock (1,000,000 underlying)
  • Award

    Employee Stock Option (right to buy)

    2009-08-06+5,600,364→ 6,600,364 total
    Exercise: $0.39Exp: 2019-08-05→ Common Stock (5,600,354 underlying)
  • Purchase

    Common Stock Warrants (right to buy)

    2009-08-06+10,000,000→ 16,600,364 total
    Exercise: $0.50From: 2009-08-06Exp: 2014-08-06→ Common Stock (10,000,000 underlying)
  • Conversion

    Secured Convertible Promissory Note

    2009-08-06$10000000.00/sh→ 36,600,364 total
    Exercise: $0.50From: 2009-08-06Exp: 2012-12-31→ Common Stock (20,000,000 underlying)
  • Purchase

    Common Stock Warrants (right to buy)

    2009-08-06+6,000,000→ 42,600,364 total
    Exercise: $0.50Exp: 2014-08-06→ Common Stock (6,000,000 underlying)
  • Conversion

    Senior Secured Convertible Promissory Note

    2011-01-12$19000000.00/sh→ 126,865,364 total
    From: 2011-01-12Exp: 2012-02-12→ Common Stock
  • Purchase

    Common Stock Warrants (right to buy)

    2011-01-12+20,000,000→ 146,865,364 total
    Exercise: $0.50From: 2011-01-12Exp: 2013-01-12→ Common Stock (20,000,000 underlying)
Footnotes (11)
  • [F1]Cathaya Capital, L.P. is the direct owner of these securities.
  • [F10]This senior secured convertible promissory note in the principal amount of $19 million can be converted at any time after its issuance date and until three days before its maturity date into 4,435 shares of ZAP Common Stock for each $1,000 converted under the note, or into 0.003743% of the shares of Zhejiang Jonway Automobile Co., Ltd. owned by ZAP for each $1,000 converted under the note, at the option of the holder.
  • [F11]China Electric Vehicle Corporation is the direct owner of these securities.
  • [F2]Priscilla M. Lu disclaims beneficial ownership of ZAP's securities reported herein except to the extent of her pecuniary interest therein.
  • [F3]In consideration for this Common Stock, ZAP received the exclusive right to distribute electric vehicle recharging stations of Better World International Limited in the United States, pursuant to terms set forth in that certain Stock Purchase Agreement dated January 15, 2010.
  • [F4]Better World International Limited is the direct owner of these securities.
  • [F5]In consideration for this Common Stock, ZAP received management services from Cathaya Capital, L.P., pursuant to that certain Management Agreement between ZAP and Cathaya Capital L.P. dated November 10, 2010.
  • [F6]This option was granted to Priscilla M. Lu on August 6, 2009 and was fully vested and immediately exercisable on the date of grant.
  • [F7]This option was granted to Priscilla M. Lu on August 6, 2009 and becomes vested and exercisable in three equal installments over a three year period beginning on August 6, 2010.
  • [F8]The outstanding principal amount of this secured convertible promissory note can be converted at any time after its issuance date and until three days before its maturity date for 2,000 shares of ZAP Common Stock for each $1,000 converted under the note. ZAP has the ability to make advances on the note up to an aggregate amount of $10 million, but has not made any advances as of April 28, 2011 and therefore there is no principal outstanding on the note and the note is not currently convertible into any shares of ZAP Common Stock.
  • [F9]This warrant is exercisable for up to 6 million shares of ZAP Common Stock, based on the outstanding principal amount under the note referenced in footnote (10) above. As no amounts have been advanced and no principal is outstanding under this note, this warrant is not currently exercisable for any shares of ZAP Common Stock.

Documents

1 file

Issuer

ZAP

CIK 0001024628

→
Entity typeother

Related Parties

1
  • filerCIK 0001222621

Filing Metadata

Form type
4
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 9:27 PM ET
Size
34.5 KB
View on SEC.gov