4/A//SEC Filing
Wang Yuejian 4/A
Accession 0001140361-09-011260
CIK 0001088787other
Filed
May 5, 8:00 PM ET
Accepted
May 6, 5:05 PM ET
Size
10.6 KB
Accession
0001140361-09-011260
Insider Transaction Report
Form 4/AAmended
Wang Yuejian
DirectorCEO and Chairman of the Board10% Owner
Transactions
- Other
Stock Option (Right to Buy)
2009-04-17+220,900→ 220,900 totalExercise: $0.01From: 2006-08-21Exp: 2010-02-01→ Common Stock, $.0001 par value (220,900 underlying) - Sale
Common Stock, $0.0001 par value
2009-04-17$1.50/sh−2,724$4,086→ 17,276 total - Other
Common Stock, $.0001 par value
2009-04-17−220,900→ 20,000 total
Footnotes (5)
- [F1]On April 17, 2009, the reporting person rescinded his subscription for 220,900 shares of the Issuer?s common stock that were issued upon the reporting person's January 5, 2009 exercise of stock options.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.
- [F3]This amount was incorrectly reported as 12,276 on the reporting person's original Form 4 filed on April 21,2009
- [F4]This transaction was inadvertently omitted from the reporting person's original Form 4 filed on April 21,2009.
- [F5]Not Applicable
Documents
Issuer
China Direct, Inc.
CIK 0001088787
Entity typeother
Related Parties
1- filerCIK 0001373469
Filing Metadata
- Form type
- 4/A
- Filed
- May 5, 8:00 PM ET
- Accepted
- May 6, 5:05 PM ET
- Size
- 10.6 KB