SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
CHANG YU

(Last) (First) (Middle)
ROOM 3F NO. 11 BUILDING, ZHONGHONG INTL
BUSINESS GARDEN, CHAOYANG NORTH ROAD

(Street)
CHAOYANG DISTRICT, F4 100024

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CHINA AGRITECH INC [ CAGC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
CEO, President and Secretary
3. Date of Earliest Transaction (Month/Day/Year)
01/12/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/12/2010 A 15,000 A (1) 455,749(2) D
Common Stock 01/12/2010 A 35,000(3) A (3) 490,749(2) D
Common Stock 2,902,835 I See Footnote(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These unrestricted shares of common stock were awarded to Mr. Chang in consideration for services rendered to the issuer.
2. All share amounts give effect to the issuer's 1-for-4 reverse stock split effective September 8, 2009.
3. These restricted shares of common stock were awarded to Mr. Chang in consideration for services rendered to the issuer. The shares of common stock vest according to the following schedule: (i) 15,000 shares on December 31, 2010 and (ii) 20,000 shares on December 31, 2011, each so long as Mr. Chang remains employed by the issuer at each such date. Pursuant to the restricted stock award agreement between Mr. Chang and the issuer, Mr. Chang has the voting and dividend rights of a stockholder of common stock of the issuer with respect to the restricted shares; provided, however, that dividends paid in shares of common stock shall be deposited with and held in escrow by the issuer, together with a stock power endorsed in blank or other appropriate instrument of transfer, and shall be subject to the same restrictions and forfeiture provisions as the restricted shares.
4. Includes 2,161,210 shares of common stock held by China Tailong Group Limited and 741,625 of the 872,500 shares held by Sammi Holdings Limited. Mr. Chang holds 100% of the registered shares of China Tailong Group Limited and 85% of the registered shares of Sammi Holdings Limited.
/s/ Yu Chang 01/14/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.