China Direct, Inc 4

4 · China Direct, Inc · Filed Dec 3, 2007

Form 4

Period: 2007-11-29

10% Owner

Transactions

Exercise/Conversion
Stock Options
2007-11-29$2.50/sh−23,700$59,250→ 776,300 total
Exercise: $2.50From: 2006-01-01Exp: 2011-01-01→ Common Stock (23,700 underlying)
Exercise/Conversion
Stock Options
2007-11-30$2.50/sh−12,200$30,500→ 764,100 total
Exercise: $2.50From: 2006-01-01Exp: 2011-01-01→ Common Stock (12,200 underlying)
Exercise/Conversion
Common Stock
2007-11-29$2.50/sh+23,700$59,250→ 4,023,700 total
Exercise/Conversion
Common Stock
2007-11-30$2.50/sh+12,200$30,500→ 4,012,200 total
Sale
Common Stock
2007-11-29$10.00/sh−23,700$237,000→ 4,000,000 total
Sale
Common Stock
2007-11-30$10.01/sh−12,200$122,159→ 4,000,000 total

Holdings

Common Stock
4,000,000
Stock Options
Exercise: $2.50From: 2006-01-01Exp: 2011-01-01→ Common Stock (400,000 underlying)
800,000
Stock Options
Exercise: $5.00From: 2007-01-01Exp: 2012-01-01→ Common Stock (400,000 underlying)
1,164,100
Stock Options
Exercise: $7.50From: 2008-01-01Exp: 2013-01-01→ Common Stock (500,000 underlying)
1,664,100
Stock Options
Exercise: $10.00From: 2009-01-01Exp: 2014-01-01→ Common Stock (500,000 underlying)
2,164,100
Stock Options
Exercise: $0.01From: 2005-01-01Exp: 2010-01-01→ Common Stock (400,000 underlying)
400,000

Footnotes (1)

[F1]Mr. Siegel exercised options granted to him under an employment agreement with China Direct, Inc. and vested on 1/1/06. Mr. Siegel delivered proceeds of $89,750 to China Direct, Inc. Transactions were made pursuant to a duly adopted trading plan under Rule 10b5-1.

Documents

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