Wang Wenwu 4
4 · CBAK Energy Technology, Inc. · Filed Sep 13, 2019
Insider Transaction Report
Form 4
Wang Wenwu
Interim CFO and Treasurer
Transactions
- Award
Restricted Share Units
2019-08-23+250,000→ 250,000 total→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]On August 23, 2019, pursuant to the CBAK Energy Technology, Inc. 2015 Equity Incentive Plan, the company granted 250,000 restricted share units (the "RSUs") to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock.
- [F2]The RSUs vest semi-annually in six equity installments over a three year period with the first vesting on September 30, 2019.