4//SEC Filing
CHEN WANG 4
Accession 0001144204-09-046074
CIK 0001327364other
Filed
Aug 26, 8:00 PM ET
Accepted
Aug 27, 5:53 PM ET
Size
8.1 KB
Accession
0001144204-09-046074
Insider Transaction Report
Form 4
CHEN WANG
DirectorChief Executive Officer10% Owner
Transactions
- Conversion
Call Option
2009-08-05−0→ 0 total(indirect: Through Long Sunny Limited)Exercise: $30.00→ Common Stock (10,440,000 underlying) - Conversion
Common Stock
2009-08-05$30.00/sh+10,440,000$313,200,000→ 17,400,000 total(indirect: Through Long Sunny Limited)
Footnotes (2)
- [F1]Pursuant to a call option agreement entered into on June 9, 2008 by and between Wang Chen (the "Reporting Person") and Mr. Li Shaoqing, the holder of 60% of the stock of Long Sunny Limited ("Long Sunny"), the Reporting Person was granted an option to purchase, in seven installments, all of Mr. Li's stock in Long Sunny at an exercise price of $.01 or $.001 per share. As of August 5, 2009, the Reporting Person has exercised his option, resulting in his indirect beneficial ownership of an aggregate of 17,400,000 shares of the common stock of Shengkai Innovations, Inc.
- [F2]The call option has no expiration date.
Documents
Issuer
Shengkai Innovations, Inc.
CIK 0001327364
Entity typeother
Related Parties
1- filerCIK 0001436231
Filing Metadata
- Form type
- 4
- Filed
- Aug 26, 8:00 PM ET
- Accepted
- Aug 27, 5:53 PM ET
- Size
- 8.1 KB