4//SEC Filing
Zhang Yizhao 4
Accession 0001400771-09-000004
CIK 0001336644other
Filed
Sep 1, 8:00 PM ET
Accepted
Sep 2, 1:22 PM ET
Size
6.9 KB
Accession
0001400771-09-000004
Insider Transaction Report
Form 4
Zhang Yizhao
Chief Financial Officer
Transactions
- Award
Option
2009-09-01+105,000→ 138,334 totalExercise: $8.82From: 2010-09-01Exp: 2019-08-31→ Common Stock (105,000 underlying)
Footnotes (2)
- [F1]On August 17, 2009, Yizhao Zhang (the "Reporting Person") was appointed Chief Financial Officer and resigned as a director of Universal Travel Group (the "Company"). Pursuant to an employment agreement between the Company and the Reporting Person, on September 1, 2009, the Reporting Person was granted an option to purchase 105,000 shares of common stock at an exercise price equivalent to the closing price per share of common stock on the date of the grant, which option shall vest in one-third installments over three years.
- [F2]As an additional incentive to the Reporting Person, the Company agreed that all his options to purchase 100,000 pre-reverse split shares of the Company (33,334 post reverse split) granted to him as compensation for being a director of the Company shall become immediately exerciseable provided always that he shall still serve in the position of Chief Financial Officer of the Company at the time of exercise of this option.
Documents
Issuer
UNIVERSAL TRAVEL GROUP
CIK 0001336644
Entity typeother
Related Parties
1- filerCIK 0001400771
Filing Metadata
- Form type
- 4
- Filed
- Sep 1, 8:00 PM ET
- Accepted
- Sep 2, 1:22 PM ET
- Size
- 6.9 KB