LU EDWARD 4
4 · NETWORK CN INC · Filed Mar 17, 2009
Insider Transaction Report
Form 4
NETWORK CN INCNWCN
LU EDWARD
Director
Transactions
- Award
Common Stock, par value $0.001 per share
2008-07-01+10,000→ 20,000 total - Award
Common Stock, par value $0.001 per share
2007-09-01+10,000→ 10,000 total
Footnotes (3)
- [F1]On September 1, 2007, the reporting person received an award of 10,000 shares of the Issuer's common stock, as consideration for services rendered as a director, between September 1, 2007 and June 30, 2008, all of which vested on June 30, 2008.
- [F2]On July 1, 2008, the reporting person received an award of 10,000 shares of the Issuer's common stock, as consideration for services rendered as a director, between July 1, 2008 and June 30, 2009, so long as the reporting person continues in his role as a director of the Issuer on June 30, 2009, the scheduled vesting date.
- [F3]The reporting person only has the right to vote and dispose of 10,000 shares of the Issuer's common stock. The remaining 10,000 shares are scheduled to vest on June 30, 2009.