HSU JAMES 4
4 · CHINA EDUCATION ALLIANCE INC. · Filed Nov 17, 2009
Insider Transaction Report
Form 4
HSU JAMES
Director
Transactions
- Award
Option to Purchase Common Stock
2009-11-15+10,000→ 10,000 totalExercise: $5.40From: 2009-11-15Exp: 2010-11-14→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]James Hsu (the "Reporting Person"), a director of China Education Alliance, Inc.(the "Company"), was granted this option by the Company pursuant to the Company's 2009 Incentive Stock Option Plan and an Incentive Stock Option Agreement dated as of November 15, 2009. The option shall become vested and exercisable as of November 15,2009 to purchase 10,000 shares of common stock at the exercise price of $5.40 per share during the term of the Reporting Person's employment with the Company and shall expire one year from November 15, 2009.