4//SEC Filing
Wang Yanbin 4
Accession 0001079973-10-000117
CIK 0001177274other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 3:00 PM ET
Size
9.9 KB
Accession
0001079973-10-000117
Insider Transaction Report
Form 4
Rodobo International IncRDBO.OB
Wang Yanbin
DirectorChairman, CEO & President10% Owner
Transactions
- Other
Common Stock
2010-02-05+6,300,000→ 9,300,000 total(indirect: See note) - Other
Series A Preferred Stock
2010-02-05+2,000,000→ 2,000,000 total(indirect: See note)From: 2010-03-02Exp: 2015-02-05→ See note (0 underlying)
Footnotes (4)
- [F1]On February 5, 2010, a PRC subsidiary of Rodobo International, Inc. (the "Company" or "Rodobo") acquired 100% equity interests of three dairy companies (in the People's Republic of China), Ewenkeqi Beixue, Hulunbeier Beixue and Hulunbeier Hailaer Beixue, two of which were controlled by Mr. Wang. As the consideration of these acquisitions (the "Acquisitions"), the Company issued 1,250,000 shares of common stock to August Glory Limited, 3,050,000 shares of Common Stock to Fame Ever Limited, and 6,300,000 shares of Common Stock and 2,000,000 shares of Series A Preferred Stock to Fortune Fame International Limited ("Fortune Fame"), each of which is a company organized in the British Virgin Islands (also see Footnote 2 below).
- [F2]Mr. Wang owns 3,000,000 shares of common stock directly in Rodobo. In addition, Fortune Fame was issued 6,300,000 shares of common stock of Rodobo (see Footnote 1). Mr. Wang has an option to purchase up to 100% of the outstanding shares of Fortune Fame within the next 3 years for nominal consideration. Mr. Wang is the Executive Director of Fortune Fame. The current sole shareholder of Fortune Fame may not dispose of any shares of Fortune Fame without Mr. Wang's consent.
- [F3]34% of the outstanding shares of Fortune Fame shall vest and become exercisable on 03/02/2010; 33% of the outstanding shares of Fortune shall vest and become exercisable on 03/02/2011; and 33% of the outstanding shares of Fortune Fame shall vest and become exercisable on 03/02/2012.
- [F4]Fortune Fame was issued 2,000,000 shares of Series A Preferred Stock of Rodobo. The Series A Preferred Stock is not convertible into common stock. In addition, each preferred stock has six votes per share and votes as one class with the common stock on all matters submitted to shareholders of Rodobo. Mr. Wang has an option to purchase up to 100% of such shares of Fortune Fame within the next 3 years for nominal consideration. Mr. Wang is the Executive Director of Fortune Fame. In addition, the current sole shareholder of Fortune Fame may not dispose of any shares of Fortune Fame without Mr. Wang's consent.
Documents
Issuer
Rodobo International Inc
CIK 0001177274
Entity typeother
Related Parties
1- filerCIK 0001411883
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 3:00 PM ET
- Size
- 9.9 KB