Zhang Dahe 4
4 · China XD Plastics Co Ltd · Filed Aug 10, 2010
Insider Transaction Report
Form 4
Zhang Dahe
DirectorChief Financial Officer
Transactions
- Award
Option to Purchase Common Stock, par value $0.0001
2010-08-07+100,000→ 100,000 total→ Common Stock (100,000 underlying) - Award
Common Stock, par value $0.0001
2010-08-07+14,000→ 14,000 total
Footnotes (4)
- [F1]No purchase price paid. The shares were issued to the reporting person by the Issuer pursuant to the Issuer's 2009 Stock Option / Stock Issuance Plan (the "Plan") for services rendered to the Issuer. The shares shall vest on the third-year anniversary of August 7, 2010 (the "Grant Date").
- [F2]The exercise price payable per option shall be the greater of (i) $8.01, or (ii) 85% of "fair market value," as determined under the Plan on the Grant Date.
- [F3]One-third (1/3) of the options shall vest yearly on a calendar basis over a three-year period commencing on the Grant Date.
- [F4]One-third (1/3) of the options shall expire on August 7, 2011, one-third (1/3) of the options shall expire on August 7, 2012 and one-third (1/3) of the options shall expire on August 7, 2013.