SEC Form 4 · accession 0001062993-16-012425
Kandi Technologies Group, Inc. · KNDI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cheng(Henry) Wang
Officer — Chief Strategy Officer · Director
Period of report
Apr 13, 2016
Accepted (ET)
Nov 18, 2016 · 4:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001316517
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 13, 2016 | A | 6,500 | $0.00 | A | 6,860 | D | |
| Common StockF2 | Nov 16, 2016 | P | 2,750 | $3.95 | A | 9,610 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $9.72 | May 27, 2014 | A | 500,000 | A | May 27, 2016 | May 27, 2024 | Common Stock | 500,000 | 500,000 | D |
Explanation of responses
- F1On April 13, 2016, under the Company's 2008 Omnibus Long-Term Incentive Plan, the Company issued the Reporting Person a total of 6,500 shares of Company's Common Stock, vested immediately.
- F2On November 16, 2016, the Reporting Person purchased a total of 2,750 shares of Company's Common Stock from the open market.