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
                                                                                  
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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 *

Shao Sean
2. Issuer Name and Ticker or Trading Symbol

China Biologic Products, Inc. [ CBPO ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

NO. 14 EAST HUSHAN ROAD, TAI'AN CITY
3. Date of Earliest Transaction (MM/DD/YYYY)

5/18/2011
(Street)

SHANDONG, F4 271000
(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   5/18/2011     S (1)    4005   D $14.05   5995   D    
Common Stock   5/18/2011     S (1)    5971   D $14.08   24   D    
Common Stock   5/18/2011     S (1)    24   D $14.07   0   D    

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
Non-Qualified Stock Option   $4   5/18/2011     M   (1)       10000    1/25/2009   7/24/2018   Common Stock   10000     (2) 80000   (2) D    

Explanation of Responses:
( 1)  Represents the disposition of shares of the Issuer's common stock acquired by the Reporting Person on May 18, 2011, pursuant to an excercise of options to purchase 10,000 shares of the Issuer's common stock granted to the Reporting Person under the Issuer's equity incentive plan ("EIP"), pursuant to a stock option agreement, dated July 24, 2008.
( 2)  Includes previously reported stock options to purchase 10,000 shares of the Issuer's common stock at $4.00 per share, granted to the Reporting Person under the Issuer's EIP on July 24, 2008, which vested on July 24, 2009; stock options to purchase 40,000 shares of the Issuer's common stock, granted to the Reporting Person under the Issuer's EIP on July 11, 2010, which vests in equal portions on a quarterly basis over a 3-year period, with the first, second and third portions vested on October 11, 2010, January 11, 2011 and April 11, 2011, respectively, and the final portion to vest on July 11, 2011; and stock options to purchase 30,000 shares of the Issuer's common stock, granted to the Reporting Person under the Issuer's EIP, on January 1, 2011, which options will vest in equal portions on a quarterly basis over a 12-month period, with the first portion vested on April 1, 2011.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Shao Sean
NO. 14 EAST HUSHAN ROAD
TAI'AN CITY
SHANDONG, F4 271000
X



Signatures
/s/ Sean Shao 5/23/2011
** 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.
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