Ding WenXiang 4
4 · China Energy CORP · Filed Sep 8, 2011
Insider Transaction Report
Form 4
Ding WenXiang
DirectorPRESIDENT, CEO, SECRETARY
Transactions
- Other
Common Stock
2011-08-22+8,996,369→ 8,996,369 total(indirect: By Fortune Place Holdings Ltd.)
Footnotes (1)
- [F1]On August 22, 2011, Mr. WenXiang Ding exercised an option to purchase 1/3 of the outstanding shares of Fortune Place Holdings Limited, the holder of 26,989,107 shares of the Issuer, for nominal cash consideration, pursuant to the terms of a Share Transfer Agreement dated November 30, 2010. After giving effect to the exercise, Mr. Ding may be deemed to have an indirect pecuniary interest in 8,996,369 shares of the Issuer. Mr. Ding is the exclusive agent with respect to all matters concerning shares of the Issuer held by Fortune Place Holdings Limited and has the power to vote and dispose of such shares.