Wang Yuejian 4
4 · China Direct, Inc. · Filed Apr 21, 2009
Insider Transaction Report
Form 4
Wang Yuejian
DirectorCEO and Chairman of the Board10% Owner
Transactions
- Other
Common Stock, $.0001 par value
2009-04-17−220,900→ 20,000 total - Sale
Common Stock, $0.0001 par value
2009-04-17$1.50/sh−2,724$4,086→ 12,276 total
Footnotes (2)
- [F1]On April 17, 2009, the reporting person rescinded his subscription for 220,900 shares of the Issuer?s common stock that were issued upon the reporting person's January 5, 2009 exercise of stock options.
- [F2]Amount does not include 4,000,000 shares of the Issuer's common stock held by Dragon Fund Management LLC ("Dragon Fund"), an entity in which the reporting person owns 1% of the membership interests and holds 50% of the voting control. The reporting person disclaims beneficial ownership of the Issuer's securities owned by Dragon Fund except to the extent of his pecuniary interest in Dragon Fund and this filing should not be construed as an admission that the reporting person is the beneficial owner of these securities.