Home/Filings/4/0001144204-11-005588
4//SEC Filing

Li Tao 4

Accession 0001144204-11-005588

CIK 0000857949other

Filed

Feb 1, 7:00 PM ET

Accepted

Feb 2, 7:55 PM ET

Size

10.2 KB

Accession

0001144204-11-005588

Insider Transaction Report

Form 4
Period: 2010-12-31
Li Tao
DirectorPresident, CEO and Chairman10% Owner
Transactions
  • Award

    Stock Option

    2010-12-31+25,00050,000 total
    Exercise: $14.70Exp: 2015-01-03Common Stock (25,000 underlying)
  • Award

    Common Stock, par value $0.001

    2010-12-31+25,0007,574,987 total
Footnotes (4)
  • [F1]On January 3, 2010, the reporting person was granted an aggregate of 75,000 shares of restricted stock pursuant to the Issuer's 2009 Equity Incentive Plan, with (i) 25,000 of the shares vesting on February 2, 2010 (the "First Restricted Traunch"), (ii) 25,000 of the shares vesting on December 31, 2010 if the Issuer achieves certain financial performance targets for the fiscal year ended June 30, 2010 (the "Second Restricted Traunch"), and (ii) 25,000 of the shares vesting on December 31, 2011 if the Issuer achieves certain financial performance targets for the fiscal year ended June 30, 2011 (the "Third Restricted Traunch").
  • [F2]The grant of the First Restricted Traunch was reported on a Form 4 filed on January 11, 2010 because it was not subject to any performance-based vesting criteria. The performance-based vesting criteria for the Second Restricted Traunch was achieved by the Issuer and the Second Restricted Traunch vested on December 31, 2010 as reported on this Form 4. If the performance-based vesting criteria for the Third Restricted Traunch are met as of December 31, 2011, such vesting will be disclosed on a separate Form 4 and only then will be included in Table I.
  • [F3]On January 3, 2010, the reporting person was granted options to purchase an aggregate of 75,000 shares of common stock pursuant to the Issuer's 2009 Equity Incentive Plan, with (i) 25,000 of the options vesting on February 2, 2010 (the "First Options Traunch"), (ii) 25,000 of the options vesting on December 31, 2010 if the Issuer achieves certain financial performance targets for the fiscal year ended June 30, 2010 (the "Second Options Traunch"), and (ii) 25,000 of the options vesting on December 31, 2011 if the Issuer achieves certain financial performance targets for the fiscal year ended June 30, 2011 (the "Third Options Traunch").
  • [F4]The grant of the First Options Traunch was reported on a Form 4 filed on January 11, 2010 because it was not subject to any performance-based vesting criteria. The performance-based vesting criteria for the Second Options Traunch was achieved by the Issuer and the Second Options Traunch vested on December 31, 2010 as reported on this Form 4. If the performance-based vesting criteria for the Third Options Traunch are met as of December 31, 2011, such vesting will be disclosed on a separate Form 4 and only then will be included in Table II.

Documents

1 file

Issuer

China Green Agriculture, Inc.

CIK 0000857949

Entity typeother

Related Parties

1
  • filerCIK 0001420829

Filing Metadata

Form type
4
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 7:55 PM ET
Size
10.2 KB