Hao Yu 4
4 · China Green Agriculture, Inc. · Filed Feb 16, 2010
Insider Transaction Report
Form 4
Hao Yu
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.001
2009-08-17+7,661→ 25,356 total - Exercise/Conversion
Stock Option
2009-08-17−10,000→ 0 totalExercise: $3.25From: 2008-01-31Exp: 2011-01-30→ Common Stock (10,000 underlying) - Award
Common Stock, par value $0.001
2010-02-11+3,334→ 28,690 total
Footnotes (3)
- [F1]These shares of common stock were acquired pursuant to the cashless exercise of outstanding stock options as described in footnote 3.
- [F2]Represents the grant of restricted stock under the Issuer's 2009 Equity Incentive Plan. The restricted stock vests on March 11, 2010.
- [F3]Mr. Hao received 7,661 shares of common stock upon the cashless exercise of options to purchase 10,000 shares of common stock at an exercise price of $3.25 per share. The cashless exercise was based on the following formula: X = Y[(A-B)/A], whereby X represents the number of shares of common stock issuable upon the cashless exercise (7,661); Y represents the number of shares being exercised (10,000), A represents the arithmetic average of the closing price of the common stock for the five trading days immediately prior to, but not including, the exercise date ($13.892), and B represents the exercise price ($3.25).