Song Jinan 4/A
4/A · CHINA-BIOTICS, INC · Filed May 31, 2011
Insider Transaction Report
Form 4/AAmended
Song Jinan
DirectorCEO, Pres., Sec., Treas.10% Owner
Transactions
- Award
Options (right to buy)
2011-01-16+300,000→ 300,000 totalExercise: $16.91Exp: 2016-01-16→ Common Stock (300,000 underlying)
Holdings
- 3,979,993(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]This Form 4 is being amended to delete the Reporting Person's indirect beneficial ownership disclosed in Table I. The Reporting Person is no longer an indirect beneficial owner of the reported securities. In addition, this Form 4 is being amended to correct the exercise price and the expiration date of the options reported in Table II, which, due to an error, were initially disclosed as $14.81 and 1/16/21, respectively.
- [F2]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.