CHINA RECYCLING ENERGY CORP 4
4 · CHINA RECYCLING ENERGY CORP · Filed Aug 22, 2013
Insider Transaction Report
Form 4
Wu Zhigang
Vice President
Transactions
- Exercise/Conversion
Common stock
2013-08-03$0.80/sh+120,000$96,000→ 120,000 total - Tax Payment
Common stock
2013-08-03$2.78/sh−34,532$95,999→ 85,468 total - Exercise/Conversion
Stock Option (right to buy)
2013-08-03−120,000→ 0 totalExercise: $0.80Exp: 2013-08-04→ Common stock (120,000 underlying)
Footnotes (1)
- [F1]The options vested as to 15% on the six-month anniversary of the grant date, 15% on the first anniversary of the grant date, 50% on the second anniversary of the grant date and the remaining 20% on the third anniversary of the grant date.