Hu Wangyuan 4
4 · Kandi Technologies Corp · Filed Jun 25, 2010
Insider Transaction Report
Form 4
Hu Wangyuan
DirectorVice President
Transactions
- Exercise/Conversion
Common Stock
2010-06-18$0.80/sh+166,670$133,336→ 166,670 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2010-06-18−166,670→ 333,330 totalExercise: $0.80Exp: 2019-02-11→ Common Stock (166,670 underlying)
Footnotes (1)
- [F1]Hu Wangyuan was issued an option to purchase 500,000 shares of common stock on February 11, 2009. One third of the option 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. This amount represents the exercise of the total amount currently vested.