GODFREY GERALD 4
4 · NETWORK CN INC · Filed Aug 5, 2010
Insider Transaction Report
Form 4
NETWORK CN INCNWCN
GODFREY GERALD
Director
Transactions
- Award
Common Stock $0.001 par value
2010-08-04+600,000→ 1,200,000 total
Footnotes (2)
- [F1]On August 4, 2010, the reporting person received an aggregate award of 600,000 shares of the Issuer's common stock, as consideration for services rendered as a director, between July 2, 2010 and July 1, 2011, so long as the reporting person continues in his role as a director of the Issuer on July 1, 2011, the scheduled vesting date.
- [F2]The reporting person only has the right to vote and dispose of 600,000 shares of the Issuer's common stock. The remaining 600,000 shares are scheduled to vest on July 1, 2011.