4//SEC Filing
Li Yunfei 4
Accession 0001213900-19-018021
CIK 0001117171other
Filed
Sep 12, 8:00 PM ET
Accepted
Sep 13, 5:10 PM ET
Size
7.7 KB
Accession
0001213900-19-018021
Insider Transaction Report
Form 4
Li Yunfei
DirectorCEO and Secretary
Transactions
- Purchase
COMMON STOCK
2019-09-04$1.05/sh+2,938,067$3,084,970→ 8,530,752 total - Award
Restricted Share Units
2019-08-23+400,000→ 400,000 total→ Common Stock (400,000 underlying)
Footnotes (3)
- [F1]On September 4, 2019, the Reporting Person acquired 2,938,067 shares of common stock of the Issuer by cancelling a loan of $3.08 million that the Issuer owed to the Reporting Person, at the exchange price of $1.05 per share.
- [F2]On August 23, 2019, pursuant to the CBAK Energy Technology, Inc. 2015 Equity Incentive Plan, the Issuer granted 400,000 restricted share units (the "RSUs") to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock.
- [F3]The RSUs vest semi-annually in six equity installments over a three year period with the first vesting on September 30, 2019.
Documents
Issuer
CBAK Energy Technology, Inc.
CIK 0001117171
Entity typeother
Related Parties
1- filerCIK 0001668641
Filing Metadata
- Form type
- 4
- Filed
- Sep 12, 8:00 PM ET
- Accepted
- Sep 13, 5:10 PM ET
- Size
- 7.7 KB