Yao Kexuan 4
4 · China Armco Metals, Inc. · Filed Apr 19, 2011
Insider Transaction Report
Form 4
Yao Kexuan
DirectorChief Executive Officer10% Owner
Transactions
- Other
Common Stock
2011-04-15−1,250,000→ 5,673,626 total
Footnotes (1)
- [F1]The securities reported on this Form 4 were previously pledged as collateral (the "Collateral") for a full recourse note having a principal amount of $4.93 million plus accrued interest (the "Note") under which Mr. Yao was the borrower. Mr. Yao surrendered his rights in and to the Collateral in exchange for an agreement by the lender to cancel the Note in full.