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
- Conversion
Common Stock
2008-12-01+16,200,000→ 16,200,000 total(indirect: See footnote) - Conversion
Series A Convertible Preferred Stock
2008-12-01$1.00/sh−3,000$3,000→ 0 total(indirect: See footnote)From: 2008-12-01→ Common Stock (3,000,000 underlying) - Conversion
Common Stock
2008-12-01+3,000,000→ 3,000,000 total(indirect: See footnote) - Conversion
Series A Convertible Preferred Stock
2008-12-01$1.00/sh−16,200$16,200→ 0 total(indirect: See footnote)From: 2008-12-01→ Common Stock (16,200,000 underlying)
Footnotes (5)
- [F1]On December 1, 2008, the beneficial owner converted 16,200 shares of Series A Convertible Preferred Stock, at a conversion rate of 1-for-1,000, resulting in its acquisition of 16,200,000 shares of common stock at no additional cost.
- [F2]On December 1, 2008, the beneficial owner converted 3,000 shares of Series A Convertible Preferred Stock, at a conversion rate of 1-for-1,000, resulting in its acquisition of 3,000,000 shares of common stock at no additional cost.
- [F3]Securities owned through Year of the Golden Pig, LLC.
- [F4]Securities owned through New China Media, LLC.
- [F5]The Series A Convertible Preferred Stock was convertible into common stock on a one-for-one thousand basis, and had no expiration date.