China Direct, Inc.·4

May 6, 5:07 PM ET

Wang Yuejian 4

4 · China Direct, Inc. · Filed May 6, 2009

Insider Transaction Report

Form 4
Period: 2009-05-04
Wang Yuejian
DirectorCEO and Chairman of the Board10% Owner
Transactions
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2009-05-04100,000120,900 total
    Exercise: $0.01From: 2006-08-21Exp: 2010-02-01Common Stock, $.0001 par value (100,000 underlying)
  • Exercise/Conversion

    Common Stock, $.0001 par value

    2009-05-04$0.01/sh+100,000$1,000117,276 total
  • Sale

    Common Stock, $.0001 par value

    2009-05-04$1.55/sh117,276$181,7780 total
Footnotes (3)
  • [F1]Shares sold by the reporting person pursuant to a 10b5-1 trading plan
  • [F2]Amount does not include 4,000,000 shares of Registrant's common stock held by Dragon Fund Management LLC, an entity in which the reporting person owns 1% of the membership interests and holds 50% of the voting control.
  • [F3]Not Applicable

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4