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*
Zhang Yizhao

(Last) (First) (Middle)
SUITE 902, #60 FANGCUN AVENUE EAST

(Street)
GUANGZHOU, GUANGDONG F4 510380

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
China Green Agriculture, Inc. [ CGA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/17/2009
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 08/17/2009 08/17/2009 P 5,681 A (5) 5,681 D
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
Stock Option $6 08/17/2009 08/17/2009 X 10,000 (1) (2) Common Stock (3) (4) 0 D
Explanation of Responses:
1. 3,000 options are exercisable from 06/29/2008; 7,000 options are exercisable from 07/01/2009.
2. 3,000 options are expiring on 06/28/2010; 7,000 options are expiring on 06/30/2011.
3. If exercising by cash, the underlying shares of common stock are 10,000; if cashless exercising, the underlying shares of common stock vary depending on the average closing price of the five trading days prior to the option exercise date.
4. The exercise of the stock option was in a cashless manner pursuant to the following formula:X = Y [(A-B)/A], whereby X represents the number of shares the reporting person is to receive (5,681); Y represents the number of shares the reporting person is to exercise (10,000), A represents the arithmetic average of the closing prices fro the five trading days immediately prior to (but not including) the exercise date ($13.892), B represents the Exercise Price ($6.00).
5. The shares were received as a result of the option exercise by the reporting person pursuant to a cashless exercise formula stated under Footnote 4 above.
Darren Ofsink, attorney-in-fact 08/19/2009
** 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).
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