-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Oho8EmhJlv8CWq4Ir5HlZksKLcI72aGkQUd9HVpeRrPBbkjhg+uY99yDjMDBae/O a2ffPyGEda4EoR6RXu7c2w== 0001144204-10-063046.txt : 20101123 0001144204-10-063046.hdr.sgml : 20101123 20101123072346 ACCESSION NUMBER: 0001144204-10-063046 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070922 FILED AS OF DATE: 20101123 DATE AS OF CHANGE: 20101123 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ji Qinan CENTRAL INDEX KEY: 0001347584 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34373 FILM NUMBER: 101210305 MAIL ADDRESS: STREET 1: C/O NEW YORK GLOBAL GROUP,INC STREET 2: 14 WALL STREET, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: China Natural Gas, Inc. CENTRAL INDEX KEY: 0001120830 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] IRS NUMBER: 980231607 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 19TH FLOOR, BUILDING B, VAN METROPOLIS STREET 2: 35 TANG YAN RD., HI-TECH ZONE CITY: XIAN, SHAANXI PROVINCE STATE: F4 ZIP: 00000 BUSINESS PHONE: 86-29-88323325 MAIL ADDRESS: STREET 1: 19TH FLOOR, BUILDING B, VAN METROPOLIS STREET 2: 35 TANG YAN RD., HI-TECH ZONE CITY: XIAN, SHAANXI PROVINCE STATE: F4 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: COVENTURE INTERNATIONAL INC DATE OF NAME CHANGE: 20020528 FORMER COMPANY: FORMER CONFORMED NAME: LIQUIDPURE CORP DATE OF NAME CHANGE: 20000801 4 1 v203768_ex.xml X0303 4 2007-09-22 0 0001120830 China Natural Gas, Inc. CHNG 0001347584 Ji Qinan 19TH FLOOR, BUILDING B, VAN METROPOLIS, NO. 35 TANG YAN ROAD, HI-TECH ZONE XI'AN, SHAANXI PROVINCE, F4 710065 CHINA 1 1 1 0 Chief Executive Officer Common stock 1437682 I See Footnote Common stock 2010-05-20 4 M 0 36500 4.90 A 1564616 D Common stock 2010-08-10 4 S 0 36500 7.0305 D 1528116 D Call Options (obligation to sell) 16.00 2007-09-22 4 S 0 50000 0 D 2012-06-01 Common Stock 50000 50000 D Employee Stock Option (right to buy) 4.90 2009-04-01 4 A 0 146000 0 A 2015-04-01 Common Stock 146000 146000 D Employee Stock Option (right to buy) 4.90 2010-05-20 4 M 0 36500 0 D 2010-04-01 2015-04-01 Common Stock 36500 109500 D China Natural Gas, Inc. effected a 1 for 2 reverse stock split on April 28, 2009. Figures listed herein reflect the April 28, 2009 reverse stock split. On December 9, 2005, China Natural Gas, Inc. declared a stock dividend, payable to holders of record of common stock on December 15, 2005, of three shares of common stock for one share of common stock outstanding. As a result, Qinan Ji received 1,146,087 shares of common stock on December 19, 2005. Xi'an Sunway Technology & Industry Co., Ltd. ("Xi'an Sunway"), a company formed under the laws of the People's Republic of China, and in which Mr. Ji owns 42.1% of the outstanding equity, received 1,078,262 shares of common stock on December 19, 2005. Qinan Ji shares voting and investment power over 1,437,682 shares of common stock that are directly owned of record by Xi'an Sunway, due to Mr. Ji's ownership of 42.1% of the outstanding equity of Xi'an Sunway. Mr. Ji disclaims any beneficial ownership in the 1,437,682 shares of common stock that are directly owned of record by Xi'an Sunway Technology & Industry Co., Ltd., except to the extent of his pecuniary interest therein. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.08, inclusive. Qinan Ji undertakes to provide to China Natural Gas, Inc., any security holder of China Natural Gas, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (4) to this Form 4. On September 22, 2007, Qinan Ji wrote covered calls on 50,000 of his personally-owned shares of common stock of China Natural Gas, Inc. As of the date of this Form 4, none of these covered calls have been exercised. 30% of the options vested on September 22, 2008, 30% vested on September 22, 2009 and the remaining 40% vested on September 22, 2010. The options vest in four equal installments. The first installment vested on April 1, 2010, and the remaining installments will vest annually thereafter. /s/ Qinan Ji 2010-11-23 -----END PRIVACY-ENHANCED MESSAGE-----