Budd Charlene Spoede 4
4 · CHINA BAK BATTERY INC · Filed Jan 21, 2011
Insider Transaction Report
Form 4
Budd Charlene Spoede
Director
Transactions
- Other
Common Stock, $0.001 par value per share
2011-01-19−2,500→ 18,000 total
Footnotes (1)
- [F1]Waiver of receipt of unissued portion of grant on July 1, 2010 of restricted shares under China BAK Battery, Inc. Compensation Plan for Non-Employee Directors (the "Plan") in consideration of an additional quarterly payment by China BAK Battery, Inc. of $6,250 on or about January 6, 2011 pursuant to the increase, effective January 1, 2011, of the reporting person's annual retainer fee under the Plan by $25,000 in lieu of the reporting person's receipt of restricted shares under the Plan.