Leng Jun 4
4 · Shengkai Innovations, Inc. · Filed Apr 2, 2010
Insider Transaction Report
Form 4
Leng Jun
Director
Transactions
- Award
Options to purchase Common Stock
2010-03-31+80,000→ 80,000 totalExercise: $3.00From: 2010-11-05Exp: 2015-03-31→ Common Stock (80,000 underlying)
Footnotes (1)
- [F1]This option (the "Option") was issued pursuant to the Company's 2010 Incentive Stock Plan and the Nonstatutory Stock Option Agreement dated March 31, 2010. The Option shall become exercisable during the term of Jun Leng's(the "Reporting Person") employment in 4 equal installments of 20,000 shares each, the first installment to be exercisable on the first anniversary of the date of the Reporting Person's appointment as director of the Company, November 5, 2009, with each subsequent installment becoming exercisable on each anniversary thereof.