FU JENNIFER 4
4 · NETWORK CN INC · Filed Aug 11, 2009
Insider Transaction Report
Form 4
NETWORK CN INCNWCN.OB
FU JENNIFER
Interim CFO
Transactions
- Award
Common Stock $0.001 par value
2009-07-15+1,000,000→ 1,010,000 total
Footnotes (2)
- [F1]On July 15, 2009, the reporting person received an aggregate award of 1,000,000 shares of the Issuer's common stock, as consideration for services rendered as a Interim Chief Financial Officer, during the first two years commencing on July 15, 2009. The scheduled vesting date for such 1,000,000 shares is on July 14, 2010.
- [F2]The reporting person only has the right to vote and dispose of 10,000 shares of the Issuer's common stock. The remaining 1,000,000 shares are scheduled to vest on July 14, 2010.