Li Peter 4
4 · CHINA VALVES TECHNOLOGY, INC · Filed Sep 17, 2009
Insider Transaction Report
Form 4
Li Peter
Director
Transactions
- Award
Stock Option (right to buy)
2009-06-29+22,500→ 22,500 totalExercise: $8.00Exp: 2013-11-21→ Common Stock (22,500 underlying)
Footnotes (1)
- [F1]On June 29, 2009, the Reporting Person was granted an option to purchase 22,500 shares of common stock pursuant to a Stock Option Agreement and adjusted for a 1 for 2 reverse split that took effect on August 13, 2009. 33.336% of the Option will vest on November 22, 2009. The remaining options will vest in eight equal quarterly installments over a two-year period in every quarter after November 22, 2009.