BARNES DAVID M 4
4 · China Direct Industries, Inc. · Filed Feb 19, 2010
Insider Transaction Report
Form 4
BARNES DAVID M
Director
Transactions
- Award
Common Stock, $0.0001 par value
2010-02-17+6,250→ 15,500 total - Disposition to Issuer
Stock Option (Right to Buy)
2010-02-17−12,500→ 0 totalExercise: $3.00From: 2008-01-15Exp: 2011-01-15→ Common Stock (12,500 underlying)
Footnotes (1)
- [F1]On February 17, 2010, the Issuer cancelled, pursuant to the Issuer?s option exchange program, an option granted to the reporting person on April 15, 2007. In exchange for the option, the reporting person received 6,250 shares of stock.