UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Options to purchase shares of Common Stock | 12/31/2010 | 12/31/2013 | Common Stock | 50,000 | $ (1) | D | Â |
Options to purchase shares of Common Stock | 04/07/2012 | 04/07/2016 | Common Stock | 70,000 | $ (2) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Pan Zibing NO. 588 SHIJI AVENUE XIANYANG CITY,SHAANXI PROVINCE, F4 712046 |
 |  |  Chief Financial Officer |  |
/s/ Zibing Pan | 04/15/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents a stock option grant on Mr. Pan's appointment as an independent director in December 2009. The options are exercisable at $4.45 per share, and vest annually, on December 31, 2010, December 31, 2011 and December 31, 2012 in 3 equal installments. |
(2) | Represents a stock option grant on Mr. Pan's appointment as the Company's CFO in April 2011. These options are excercisable at $1.97 per share and shall vest on April 7, 2012. |