Sun Libin 4
4 · ASIAINFO HOLDINGS INC · Filed Jul 9, 2010
Insider Transaction Report
Form 4
Sun Libin
DirectorExecutive Co-Chairman
Transactions
- Other
Common Stock
2010-07-07+12,555,625→ 12,555,625 total(indirect: By LT International Holdings Limited)
Footnotes (1)
- [F1]Linkage Technologies International Holdings Limited ("Linkage") acquired 26,832,731 shares on July 1, 2010 (the "Closing Date") in exchange for the issuer's receipt of 100% of the outstanding shares of Linkage Technologies Investment Limited, pursuant to a business combination. The business combination agreement, which was entered into on December 4, 2009, placed a value on the issuer's common stock of $24.07 per share. Of the 26,832,731 shares issued to Linkage in the business combination, 2,683,273 are currently being held in escrow and are subject to forfeiture during the 18 months following the Closing Date as security for the indemnification obligations of Linkage and certain key Linkage shareholders under the business combination agreement. Linkage distributed the shares to its shareholders on July 7, 2010, pursuant to the business combination agreement. This report reflects the reporting person's receipt of the distributed shares and interest in the escrowed shares.