FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 08/16/2013 |
3. Issuer Name and Ticker or Trading Symbol
China Biologic Products, Inc. [ CBPO ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Restricted Stock(1) | 5,000 | D | |
Restricted Stock(2) | 20,000 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (right to buy)(3) | (3) | 07/11/2020 | Common Stock | 40,000(3) | $12.26 | D | |
Stock Option (right to buy)(4) | (4) | 08/31/2022 | Common Stock | 15,000(4) | $9.85 | D |
Explanation of Responses: |
1. Represents the grant of restricted stock to the Reporting Person, under the Issuer's 2008 equity incentive plan (the "2008 Plan"), pursuant to a restricted stock grant agreement dated August 31, 2012 (the "2012 Restricted Stock Agreement"). The restricted stock will vest and the Issuer's right to reacquire the restricted stock will lapse over a 48-month period in four equal portions, with an initial vesting date on September 1, 2013, provided that the Reporting Person has been continuously a Service Provider (as defined in the 2012 Restricted Stock Agreement) from August 31, 2012 until the date such vesting occurs. |
2. Represents the grant of restricted stock to the Reporting Person under the 2008 plan, pursuant to a restricted stock award agreement dated August 16, 2013 (the "2013 Restricted Stock Agreement"). The restricted stock will vest and the Issuer's right to reacquire the restricted stock will lapse over a 48-month period in four equal portions, with an initial vesting date on August 16, 2014, provided that the Reporting Person has been continuously a Service Provider (as defined in the 2013 Restricted Stock Agreement) from August 16, 2013 until the date such vesting occurs. |
3. Represents ten year non-qualified stock options to purchase 40,000 shares of the Issuer's common stock, granted to the Reporting Person under the 2008 Plan, pursuant to a stock option agreement dated July 11, 2010 (the "2010 Stock Option Agreement"). The options are fully vested and exercisable as of the reporting date. |
4. Represents ten year non-qualified stock options to purchase 15,000 shares of the Issuer's common stock, granted to the Reporting Person under the 2008 Plan, pursuant to a stock option agreement dated August 31, 2012 (the "2012 Stock Option Agreement"). The options will vest annually over a 4-year period in four equal portions, with the initial vesting date being September 1, 2013, provided that the Reporting Person has been continuously a Service Provider (as defined in the 2012 Stock Option Agreement) from August 31, 2012 until the date such vesting occurs. |
/s/Yang, Gang CBPO | 08/26/2013 | |
** 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 5 (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. |