PELINO DENNIS L 4
4 · China Youth Media, Inc. · Filed Apr 8, 2009
Insider Transaction Report
Form 4
China Youth Media, Inc.CHYU.OB
PELINO DENNIS L
10% Owner
Transactions
- Purchase
Warrant
2008-08-29$1.00/sh+875,000$875,000→ 875,000 total(indirect: See footnote)Exercise: $0.09From: 2008-08-29Exp: 2013-08-28→ Common Stock (875,000 underlying) - Purchase
12% Convertible Promissory Note principal amount of $250,000
2008-08-29$250000.00/sh+2,777,778$694,444,500,000→ 2,777,778 total(indirect: See footnote)Exercise: $0.09From: 2008-08-29Exp: 2011-08-28→ Common Stock (2,777,778 underlying)
Footnotes (2)
- [F1]The promissory note is convertible into the number of shares calculated by dividing the aggregate principal of, and accrued interest on , the promissory note by $0.09.
- [F2]Securities owned through Year of the Golden Pig, LLC.