Du Wen Min 4
4 · CHINA-BIOTICS, INC · Filed Jan 19, 2011
Insider Transaction Report
Form 4
Du Wen Min
Director
Transactions
- Award
Options (right to buy)
2011-01-16+80,000→ 80,000 totalExercise: $14.81Exp: 2021-01-16→ Common Stock (80,000 underlying)
Footnotes (1)
- [F1]The options vest in a series of 48 monthly installments such that 20% of the options will have vested by the first anniversary of the grant date, 20% of the options will have vested by the second anniversary of the grant date, 30% of the options will have vested by the third anniversary of the grant date and 30% of the options will have vested by the fourth anniversary of the grant date. The options will become exercisable only upon approval of the 2010 Equity Incentive Plan by the Company's stockholders.