CHEN WANG 4
4 · Shengkai Innovations, Inc. · Filed Mar 6, 2012
Insider Transaction Report
Form 4
CHEN WANG
DirectorChief Executive Officer10% Owner
Transactions
- Sale
Common Stock
2012-03-02$0.81/sh−255,000$207,596→ 17,145,000 total(indirect: Through Long Sunny Limited) - Sale
Common Stock
2012-03-05$0.75/sh−119,800$89,862→ 76,777 total - Sale
Common Stock
2012-03-05$0.75/sh−119,800$89,862→ 17,025,200 total(indirect: Through Long Sunny Limited) - Sale
Common Stock
2012-03-02$0.81/sh−255,000$207,596→ 76,777 total
Footnotes (3)
- [F1]On March 2, 2012, Long Sunny Limited sold 255,000 shares of common stock of Shengkai Innovations, Inc. (the "Company") at a price of $0.8141 per share on the open market.
- [F2]On March 5, 2012, Long Sunny Limited sold 119,800 shares of common stock of the Company at a price of $0.7501 per share on the open market.
- [F3]The Reporting Person is the sole shareholder of Long Sunny Limited, a majority shareholder of the Company. The Reporting Person's beneficial ownership is based upon his 100% interest in Long Sunny Limited.