Zhu Jiangtu 4
4 · TRANSIT MANAGEMENT HOLDING CORP · Filed May 17, 2011
Insider Transaction Report
Form 4
Zhu Jiangtu
DirectorChairman of the Board
Transactions
- Other
Series A Convertible Preferred Stock
2011-05-13+13,720→ 13,720 total→ Common Stock (13,720,000 underlying)
Footnotes (3)
- [F1]Upon the effective date of a one-for-three reverse stock split of the Issuer's outstanding shares of Common Stock, each share of Series A Convertible Preferred Stock will automatically convert into shares of the Issuer's post-reverse split Common Stock at the rate of 1,000 post-reverse split shares of Common Stock for each one share of Series A Convertible Preferred Stock.
- [F2]Received in exchange for shares of common stock of China Green Lighting Limited ("China Green Lighting") in connection with the acquisition by the Issuer of the outstanding shares of China Green Lighting through a voluntary share exchange with the shareholders of China Green Lighting (the "Selling Shareholders"), pursuant to a Share Exchange Agreement, by and among the Issuer and a majority stockholder of the Issuer, China Green Lighting, and the Selling Shareholders.
- [F3]The Series A Convertible Preferred Stock has no expiration date.