Shine Media Acquisition Corp. 4
4 · Shine Media Acquisition Corp. · Filed Jan 30, 2007
Insider Transaction Report
Form 4
Chen David Y
DirectorChief Exec. Officer and Pres.
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2007-01-24$0.02/sh+54,000$918→ 324,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2007-01-24$0.02/sh−54,000$918→ 0 totalExercise: $0.02→ Common Stock (54,000 underlying)
Holdings
- 8,265
Common Stock, par value $0.0001 per share
- 16,530
Warrant (Right to Buy)
Exercise: $5.00Exp: 2010-12-20→ Common Stock (16,530 underlying)
Footnotes (3)
- [F1]The reported securities are included within 8,265 units purchased by the reporting person for $6.00 per unit in a private placement. Each unit consists of one share of common stock and two warrants to purchase common stock.
- [F2]The warrants will become exercisable on the later of (i) the completion by the issuer of a business combination with a target company and (ii) December 20, 2007.
- [F3]The options are only exercisable in the event that the underwriters in the initial public offering of Shine Media Acquisition Corp. exercise their over-allotment option, and then only to the extent necessary to maintain the percentage ownership of the applicable stockholder's percentage ownership of Shine Media Acquisition Corp. after taking into account the exercise of the over-allotment option. After the exercise of the over-allotment option by the underwriters, the applicable stockholder will have three business days to exercise such stockholder's option. The underwriters exercised the over-allotment option on January 19, 2007.