Home/Filings/4/A/0001476345-10-000002
4/A//SEC Filing

CHEN WANG 4/A

Accession 0001476345-10-000002

CIK 0001327364other

Filed

Sep 23, 8:00 PM ET

Accepted

Sep 24, 2:49 PM ET

Size

11.3 KB

Accession

0001476345-10-000002

Insider Transaction Report

Form 4/AAmended
Period: 2010-06-22
CHEN WANG
DirectorChief Executive Officer10% Owner
Transactions
  • Conversion

    Common Stock

    2009-08-05$30.00/sh+10,400,000$312,000,00017,400,000 total(indirect: Through Long Sunny Limited)
  • Award

    Option to purchase common stock

    2010-06-22+100,125250,125 total(indirect: By Spouse)
    Exercise: $8.13From: 2011-06-22Exp: 2015-06-22Common stock (100,125 underlying)
  • Award

    Options to purchase common stock

    2010-06-22+150,000150,000 total
    Exercise: $8.13From: 2011-06-22Exp: 2015-06-22Common stock (150,000 underlying)
Footnotes (3)
  • [F1]The Reporting Person is the sole shareholder of Long Sunny Limited, a majority shareholder of Shengkai Innovations, Inc. (the "Company") that owns 17,400,000 shares of the Company's common stock. The Reporting Person's beneficial ownership is based upon his 100% interest in Long Sunny Limited.
  • [F2]This option (the "Option") was issued pursuant to the Company's 2010 Incentive Stock Plan and the Nonstatutory Stock Option Agreement dated as of June 22, 2010 and amendment dated September 22, 2010 thereto (collectively, the "Agreement"). The Option shall become exercisable during the term of the Reporting Person's employment in three equal annual installments of 50,000 shares each, the first installment to be exercisable on the first anniversary of the date of grant, and each subsequent installment on every anniversary thereof.
  • [F3]The Reporting Person is the husband of Ms. Guo Wei, who is a director of the Company and holds an option to purchase 100,125 shares of the Company's common stock. Accordingly, the option to purchase 100,125 shares of common stock is indirectly beneficially attributed to the Reporting Person.

Issuer

Shengkai Innovations, Inc.

CIK 0001327364

Entity typeother

Related Parties

1
  • filerCIK 0001436231

Filing Metadata

Form type
4/A
Filed
Sep 23, 8:00 PM ET
Accepted
Sep 24, 2:49 PM ET
Size
11.3 KB