CHANG YU 4
4 · CHINA AGRITECH INC · Filed Aug 14, 2009
Insider Transaction Report
Form 4
CHINA AGRITECH INCCAGC.OB
CHANG YU
DirectorCEO, President & Secretary10% Owner
Transactions
- Purchase
Common Stock, par value $0.001 per share
2009-07-21−2,966,500→ 0 total(indirect: By Yinlong Industrial Co., Ltd) - Purchase
Common Stock, par value $0.001 per share
2009-05-15+2,966,500→ 2,966,500 total(indirect: By Yinlong Industrial Co., Ltd.) - Purchase
Common Stock, par value $0.001 per share
2009-07-21+2,966,500→ 2,966,500 total(indirect: By Sammi Holdings Limited)
Holdings
- 1,762,995
Common Stock, par value $0.001 per share
- 8,644,839(indirect: By China Tailong Group Limited)
Common Stock, par value $0.001 per share
Footnotes (3)
- [F1]Yinlong Industrial Co. Ltd. acquired 3,490,000 shares of common stock of China Agritech, Inc. in a privately negotiated transaction for an aggregate purchase price of $7,980,000, or $2.287 per share. Mr. Chang beneficially owns 85% of the equity interests of Yinlong Industrial Co. Ltd.
- [F2]Yinlong Industrial Co. Ltd. sold 3,490,000 shares of common stock of China Agritech, Inc. in a privately negotiated transaction with for an aggregate purchase price of $80,744, or $0.0231 per share. Mr. Chang beneficially owns 85% of the equity interests of Yinlong Industrial Co. Ltd.
- [F3]Although Mr. Chang owns 100% of the registered shares of China Tailong Group Limited, Mr. Tao Liang and Mr. Tik Man Tsoi have an unwritten agreement with Mr. Chang entitling them to 5% and 30%, respectively, of the shares of China Tailong Group Limited. Mr. Chang is deemed to be the beneficial owner of the 8,644,839 shares directly owned by China Tailong Group Limited and has shared voting and dispositive power over these 8,644,839 shares with China Tailong Group Limited.