Xu Jie 4
4 · WUHAN GENERAL GROUP (CHINA), INC · Filed Jan 24, 2011
Insider Transaction Report
Form 4
Xu Jie
DirectorPresident, CEO and Secretary10% Owner
Transactions
- Exercise/Conversion
Common Stock
2011-01-21+1,956,952→ 19,844,398 total(indirect: By Fame Good International Limited) - Exercise/Conversion
Common Stock Series A Warrants (right to buy)
2011-01-21+2,111,330→ 0 total(indirect: By Fame Good International Limited)Exercise: $2.57From: 2010-12-13Exp: 2012-02-07→ Common Stock (2,111,330 underlying) - Exercise/Conversion
Common Stock Series B Warrants (right to buy)
2011-01-21+1,802,575→ 0 total(indirect: By Fame Good International Limited)Exercise: $2.57From: 2010-12-13Exp: 2012-02-07→ Common Stock (1,802,575 underlying)
Footnotes (2)
- [F1]The reporting person acquired these shares of common stock pursuant to a Warrant Exchange Agreement, a copy of which was filed with the SEC by the issuer on a Current Report on Form 8-K on December 17, 2010. Pursuant to the terms of the Warrant Exchange Agreement, the Series A and B Warrants held by the reporting person were exchanged for the 1,956,952 shares of common stock reported herein.
- [F2]The reporting person is the director and 75% owner of this entity and his son owns the remaining 25%. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.