CHEN WANG 4
4 · Shengkai Innovations, Inc. · Filed Mar 20, 2012
Insider Transaction Report
Form 4
CHEN WANG
DirectorChief Executive Officer10% Owner
Transactions
- Sale
Common Stock
2012-03-19$1.40/sh−137,381$192,114→ 8,225,219 total(indirect: Through Long Sunny Limited)
Footnotes (2)
- [F1]On March 19, 2012, Long Sunny Limited sold 137,381 shares of common stock of Shengkai Innovations, Inc. (the "Company") at a price of $1.3984 per share on the open market.
- [F2]The Reporting Person is the sole shareholder of Long Sunny Limited, a majority shareholder of the Company. The Reporting Person's beneficial ownership is based upon his 100% interest in Long Sunny Limited.