Marks Michael 4
4 · Shengkai Innovations, Inc. · Filed Apr 2, 2010
Insider Transaction Report
Form 4
Marks Michael
Director
Transactions
- Award
Options to purchase Common Stock
2010-03-31+150,000→ 150,000 totalExercise: $3.00From: 2010-11-05Exp: 2015-03-31→ Common Stock (150,000 underlying)
Footnotes (1)
- [F1]This option (the "Option") was issued pursuant to the Company's 2010 Incentive Stock Plan and a Nonstatutory Stock Option Agreement dated March 31, 2010. The Option shall become exercisable in 3 equal installments of 50,000 shares each, the first installment to be exercisable on the first anniversary of the date of Michael Marks' appointment as director of the Company, November 5, 2009, and each subsequent installment on every anniversary thereof.