Budd Charlene Spoede 4
4 · CHINA BAK BATTERY INC · Filed Aug 4, 2010
Insider Transaction Report
Form 4
Budd Charlene Spoede
Director
Transactions
- Award
Common Stock, $0.001 par value per share
2010-07-01+5,000→ 20,500 total
Footnotes (1)
- [F1]Grant of restricted shares under China BAK Battery, Inc. Compensation Plan for Non-Employee Directors (the "Restricted Shares"). Twenty-five percent (25%) of the Restricted Shares vested on the grant date, July 1, 2010 (the "Grant Date"), and the remaining seventy-five percent (75%) of the Restricted Shares vest in three installments of twenty-five percent (25%) of the Restricted Shares on the last day of each subsequent calendar quarter, with the first such installment vesting on the last day of the first full calendar quarter after the Grant Date.