SEC Form 4 · accession 0001214659-17-002263
ZAP · ZAAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Priscilla M Lu
Director · 10% Owner · Other
Cathaya Capital LP
10% Owner · Other
China Electric Vehicle Corp
10% Owner · Other
Better World International Ltd
10% Owner · Other
Period of report
Feb 21, 2017
Accepted (ET)
Mar 31, 2017 · 2:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001024628
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 21, 2017 | A | 43,272,865 | $0.033 | A | 221,775,743 | I | See Footnotes |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF3 | $0.39 | Aug 6, 2009 | A | 1,000,000 | A | Aug 6, 2019 | Aug 5, 2019 | Common stock | 1,000,000 | 1,000,000 | D |
| Employee Stock OptionF4 | $0.39 | Aug 6, 2009 | A | 5,600,364 | A | — | Aug 5, 2019 | Common Stock | 5,600,354 | 6,600,364 | D |
Explanation of responses
- F1These shares were issued in lieu of the payment of interest owed to China Electric Vehicle Corporation on the Issuer's Senior Convertible Note dated January 12, 2011 and in satisfaction of indebtedness owed by the Issuer to Cathaya Management Co. Limited and to Better World International Hong Kong. China Electric Vehicle Corporation, Cathaya Management Co. Limited and Better World International are affiliates of the Reporting Person.
- F2Priscilla M. Lu disclaims beneficial ownership of the Issuer's securities reported herein except to the extent of her pecuniary interest.
- F3This option was granted to Priscilla M. Lu on August 6, 2009 and fully was vested and immediately exercisable on the date of grant.
- F4This option was granted to Priscilla M. Lu on August 6, 2009 and becomes fully vested and exercisable in three equal installments beginning August 6, 2009.