LIU YONGKUI 4
4 · China Yongxin Pharmaceuticals Inc. · Filed Jan 5, 2010
Insider Transaction Report
Form 4
LIU YONGKUI
10% Owner
Transactions
- Conversion
Series A Preferred Stock
2009-12-16−1,333,333→ 666,667 total(indirect: By Boom Day Investments Ltd. (BVI))Exercise: $0.00→ Common Stock (7,999,998 underlying) - Conversion
Common Stock
2009-12-16$0.35/sh+7,999,998$2,799,999→ 14,599,998 total(indirect: By Boom Day Investments Ltd. (BVI))
Footnotes (2)
- [F1]The shares are owned directly by Boom Day Investments Ltd. (BVI), of which Mr. Yongkui Liu is the director and sole shareholder. Thus, Mr. Liu is the indirect beneficial owner of the reported securities.
- [F2]Mr. Yongkui Liu has elected to convert 1,333,333 of the preferred shares standing in the name of Boom Day Investments Ltd. (BVI) into a total of 7,999,998 common shares (at a conversion ratio of six common shares for each preferred share) pursuant to the Certificate of Incorporation of the Company, upon the Company meeting certain required net income amounts for conversion for the fiscal year ending 2007 and 2008.