NIANZHONG TANG 4
4 · China Architectural Engineering, Inc. · Filed Jan 25, 2010
Insider Transaction Report
Form 4
NIANZHONG TANG
DirectorVP OF CHINA OPERATIONS10% Owner
Transactions
- Award
Common Stock
2010-01-21+152,000→ 152,000 total
Holdings
- 24,100,287(indirect: By KGE Group Limited)
Common Stock
Footnotes (2)
- [F1]Represents a Restricted Stock Award granted to the reporting person under the China Architectural Engineering, Inc. 2009 Omnibus Incentive Plan as approved by the Board of Directors on January 18, 2010; provided that, however, the grant of the Restricted Stock Award is subject to the Company's filing of its registration statement on Form S-8 with the Securities and Exchange Commission, which occurred on January 21, 2010. Vesting of the Restricted Stock Award is as follows: 25% vests on March 31, 2010, 25% vests on June 30, 2010, 25% vests on September 30, 2010, and the remaining 25% vests on December 31, 2010.
- [F2]Luo Ken Yi, Ye Ning and Tang Nianzhong are directors and may be deemed to have voting and investment control over the shares owned by KGE Group Limited. In addition, Luo Ken Yi, Ye Ning and Tang Nianzhong own approximately 70%, 10% and 10% respectively, of KGE Group Limited's issued and outstanding shares. In addition, KGE Holding Limited owns approximately 5% of the issued and outstanding shares of KGE Group Limited, of which is owned by Luo Ken Yi and his brother. As a result, Tang Nianzhong may be deemed to be a beneficial owner of the shares held by KGE Group Limited. The reporting person disclaims beneficial ownership of the shares held by KGE Group Limited except to the extent of his pecuniary interest.