SEC Form 3 · accession 0001144204-15-054488
Deyu Agriculture Corp. · DEYU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yunlin Ding
Officer — CEO, President · 10% Owner
Period of report
Jul 8, 2015
Accepted (ET)
Sep 10, 2015 · 7:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001467746
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 4,197,852 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $4.40 | holding | — | — | — | — | Nov 5, 2020 | Common Stock | 15,000 | — | D |
| Stock Option (right to buy)F2 | $1.45 | holding | — | — | — | — | Mar 8, 2022 | Common Stock | 40,000 | — | D |
Explanation of responses
- F1Expert Venture Limited directly owns 6,996,420 shares of common stock of Deyu Agriculture Corp. ("Deyu"). By virtue of Mr. Ding's 60% ownership in Expert Venture Limited, Mr. Ding indirectly owns and may be deemed the beneficial owner of 4,197,852 shares of common stock of Deyu that is directly owned by Expert Venture Limited. Such shares were purchased from Hong Wang.
- F2Mr. Ding was granted options to purchase (i) 15,000 shares of common stock in Deyu in 2010, 33.3% of which vested and became exercisable in December 2012, 33.3% of which vested and became exercisable in November 2013 and 33.3% of which vested and became exercisable in November 2014, and (ii) 40,000 shares of common stock, half of which vested and became exercisable in September 2012, and half of which vested and became exercisable in March 2013.