Fong Heung Sang 4
4 · Kandi Technologies Corp · Filed Feb 24, 2009
Insider Transaction Report
Form 4
Fong Heung Sang
Director
Transactions
- Award
Employee Stock Option (Right to Buy)
2009-02-11+20,000→ 20,000 totalExercise: $0.80Exp: 2019-02-11→ CommonStock (20,000 underlying)
Footnotes (1)
- [F1]One third of the option (option to purchase 6,667 shares of common stock) vests one year from the grant date; another third of the option vests two years from of the grant date; the remaining third vests three years from the grant date. The options are subject to the terms, definitions and provisions of the Kandi Technologies, Corp. 2008 Omnibus Long-Term Incentive Plan, and the accompanying stock option agreement under which they are granted.