Wang Yanbin 4
4 · Rodobo International Inc · Filed Feb 12, 2010
Insider Transaction Report
Form 4
Rodobo International IncRDBO.OB
Wang Yanbin
DirectorChairman, CEO & President10% Owner
Transactions
- Other
Common Stock
2010-02-10+2,950,000→ 12,250,000 total(indirect: See note)
Footnotes (2)
- [F1]Dream High Limited ("Dream High") owns 2,950,000 shares of common stock of Rodobo International, Inc. ("Rodobo" or the "Company"). Yanbin Wang (Mr. Wang) has an option to purchase up to 100% of the shares of Dream High within the next 3 years for nominal consideration, which would give Mr. Wang indirect ownership of such shares of Common Stock held by Dream High. Mr. Weihua Zhao resigned as the sole executive director of Dream High and Mr. Wang was appointed as the new sole executive director of Dream High on February 10, 2010. The current sole shareholder of Dream High may not dispose of any shares of Dream High without Mr. Wang's consent.
- [F2]The 12,250,000 shares of Common Stock beneficially owned by Mr. Wang consists of (i) 3,000,000 shares of Common Stock directly owned by Mr. Wang; (ii) 6,300,000 shares of Common Stock indirectly and beneficially owned by Mr. Wang through Fortune Fame; and (iii) 2,950,000 shares of Common Stock indirectly and beneficially owned by Mr. Wang through Dream High.