FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

CHANG YU
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
(Last)          (First)          (Middle)

ROOM 3F NO. 11 BUILDING, ZHONGHONG INTL, BUSINESS GARDEN, CHAOYANG NORTH ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

1/12/2010
(Street)

CHAOYANG DISTRICT,, F4 100024
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   1/12/2010     A    15000   A   (1) 455749   (2) D    
Common Stock   1/12/2010     A    35000   (3) A   (3) 490749   (2) D    
Common Stock                  2902835   I   See Footnote   (4)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
CHANG YU
ROOM 3F NO. 11 BUILDING, ZHONGHONG INTL
BUSINESS GARDEN, CHAOYANG NORTH ROAD
CHAOYANG DISTRICT,, F4 100024
X X CEO, President and Secretary

Signatures
/s/ Yu Chang 1/14/2010
** 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 control number.
China Agritech, Inc. (MM) (NASDAQ:CAGC)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more China Agritech, Inc. (MM) Charts.
China Agritech, Inc. (MM) (NASDAQ:CAGC)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more China Agritech, Inc. (MM) Charts.