Jianhua Wu, Ceo at Cleantech Solutions International Inc (NASDAQ:CLNT), was awarded with 20,000 shares, issued by the Company, pursuant to the Company’s long-term incentive plan. Moreover, he acquired another 290,984 shares of common stock, at a price of $5.58 per share. Of those shares, 145,492 shares were purchased by Mr. Wu’s wife, Lihua Tang. Following this transaction, Mr. Wu owns 340,917 shares directly, another 232,475 indirectly by wife, and another 544,267 shares, which are owned by Maxworthy International Limited, company of which Mr. Wu and Ms. Tang are majority stockholders and Mr. Wu is managing director.
Cfo Adam Wasserman received by his part 15,000 shares of common stock, at a Price of $5.35 per share. Following this transaction, Mr. Wasserman directly owns 32,286 shares at this $20.38 million market Cap Company.
Director Ming Zhao also received shares, pursuant to the Company’s long-term incentive plan. Given that the Director had no shares at the company prior to this acquisition, following the transaction of 3,500 shares, Mr. Ming owns now that total of shares, in a direct form at Cleantech Solutions International Inc (NASDAQ:CLNT).