CHINA VALVES TECHNOLOGY, INC 4
4 · CHINA VALVES TECHNOLOGY, INC · Filed Dec 8, 2008
Insider Transaction Report
Form 4
Jing Chen
Chief Financial Officer
Transactions
- Award
Stock Option (right to buy)
2008-11-13+100,000→ 100,000 totalExercise: $3.50Exp: 2018-11-12→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]The reporting person was granted the option to buy 100,000 shares of common stock. Pursuant to a Stock Option Agreement, dated November 13, 2008, 33,336 shares of the options will vest on October 7, 2009. The remaining options will vest in eight equal quarterly installments (or 8,333 shares each installment) over a two-year period in every quarter after October 7, 2009.