BIN ZHAO 4
4 · KINGOLD JEWELRY, INC. · Filed Nov 1, 2011
Insider Transaction Report
Form 4
BIN ZHAO
DirectorGeneral Manager
Transactions
- Award
Option (right to buy)
2011-10-31+100,000→ 100,000 totalExercise: $2.59Exp: 2021-03-31→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]The transaction reported in this row involves a grant, pursuant to a stock option award agreement, by the Issuer to the Reporting Person of an option to purchase the Issuer's common stock that vests as follows: 25% of the options will become exercisable on the first anniversary of March 24, 2011 and 6.25% of the options will become exercisable on an ongoing basis in three month increments until the fourth anniversary of March 24, 2011. The option grant was approved by the Compensation Committee of the Issuer on March 24, 2011, subject to stockholder approval of the stock option plan under which the option was granted. The Issuer's stockholders approved the plan on October 31, 2011.