Yunfei Li - Apr 22, 2022 Form 4 Insider Report for CBAK Energy Technology, Inc. (CBAT)

Role
CEO, Director, 10%+ Owner
Signature
/s/ Yunfei Li
Stock symbol
CBAT
Transactions as of
Apr 22, 2022
Transactions value $
$0
Form type
4
Date filed
10/11/2022, 06:25 AM
Next filing
Oct 11, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CBAT Stock Option (right to buy) Award $0 +40K $0.00 40K Apr 22, 2022 Common Stock 40K $1.96 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 29, 2021, the reporting person was granted an option to purchase 200,000 shares of common stock. The option vests in 10 equal semi-annual installments based on the CBAT's satisfaction of certain performance criteria for each of the fiscal year ending December 31, 2021, 2022, 2023, 2024 and 2025. The performance criteria for 2021 were met, resulting in vesting of the option as to 20,000 shares on May 30, 2022 and 20,000 shares on November 30, 2022.