TAIMING OU 4
4 · CHINA CLEAN ENERGY INC · Filed Feb 4, 2011
Insider Transaction Report
Form 4
TAIMING OU
DirectorCEO and Chairman10% Owner
Transactions
- Award
Employee Stock Option (Right to Buy)
2011-02-02+330,000→ 330,000 totalExercise: $1.02Exp: 2011-02-02→ Common Stock (330,000 underlying)
Footnotes (1)
- [F1]The option vests in accordance with the following schedule: 1/12 of the shares subject to the option vested on the date of grant, and 1/12 of the shares subject to the option will vest on the first day of each calendar quarter thereafter beginning on April 1, 2011, with the option being 100% vested on October 1, 2013, subject to Mr. Ou continuing to serve as an employee or director of the Company through each such date.