4//SEC Filing
Wang Yuejian 4
Accession 0001140361-10-018030
CIK 0001088787other
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 5:17 PM ET
Size
6.2 KB
Accession
0001140361-10-018030
Insider Transaction Report
Form 4
Wang Yuejian
DirectorCEO and Chairman of the Board10% Owner
Transactions
- Award
Common Stock, $.0001 par value
2010-04-27+31,450→ 245,150 total
Footnotes (2)
- [F1]Restricted Stock granted pursuant to the Issuer's 2008 Executive Stock Incentive Plan and approved by the Compensation Committee of the Issuer's Board of Directors. The Restricted Stock will vest on May 17, 2010 but only if the Reporting Person is still an employee of the Issuer at the time of vesting.
- [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.
Documents
Issuer
China Direct Industries, Inc.
CIK 0001088787
Entity typeother
Related Parties
1- filerCIK 0001373469
Filing Metadata
- Form type
- 4
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 5:17 PM ET
- Size
- 6.2 KB