Wang Wenbing 4
4 · Orient Paper Inc. · Filed Mar 7, 2012
Insider Transaction Report
Form 4
Wang Wenbing
Director
Transactions
- Award
Common Stock
2009-10-28+4,000→ 4,000 total - Purchase
Common Stock
2012-01-06$3.20/sh+2,400$7,680→ 7,400 total - Award
Common Stock
2011-02-24+1,000→ 5,000 total - Award
Common Stock
2012-01-12+15,820→ 23,220 total - Purchase
Common Stock
2012-03-05$3.95/sh+4,000$15,789→ 27,220 total
Footnotes (5)
- [F1]Effective October 28, 2009, Orient Paper, Inc. (the "Company") appointed Wenbing Christopher Wang (the "Reporting Person") as a director of the Company. In connection with the appointment, the Reporting Person shall receive 16,000 shares of common stock of the Company. On a post reverse split basis, the number of shares issuable in connection with the appointment is adjusted to 4,000.
- [F2]On February 24, 2011, the Company issued the Reporting Person 1,000 shares of common stock for his services rendered for the last quarter of 2010.
- [F3]On January 6, 2012, the Reporting Person purchased from the open market a total of 2,400 shares of common stock of the Company at an average price of $3.20 per share.
- [F4]On January 12, 2012, the Reporting Person was issued 15,820 shares of common stock of the Company for his services rendered to the Company in 2011.
- [F5]On March 5, 2012, the Reporting Person purchased from the open market a total of 4,000 shares of common stock of the Company at a price of $3.9473 per share.