Sec Form 4 Filing - Sun Henry @ Highpower International, Inc. - 2015-06-24

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
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(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Sun Henry
2. Issuer Name and Ticker or Trading Symbol
Highpower International, Inc. [ HPJ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CFO
(Last) (First) (Middle)
BLDG. A1, LUOSHAN IND. ZONE, SHANXIA, PINGHU, LONGGANG, SHENZHEN
3. Date of Earliest Transaction (MM/DD/YY)
06/24/2015
(Street)
GUANGDONG, F4518111
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Employee Stock Options (right to buy) ( 1 ) $ 4.12 06/24/2015 A 60,000 06/24/2015( 2 ) 06/24/2025 Common Stock 60,000 $ 0 60,000 D
Employee Stock Options (right to buy) ( 1 ) $ 4.12 06/24/2015 A 40,000 01/01/2016( 3 ) 06/24/2025 Common Stock 40,000 $ 0 40,000 D
Employee Stock Options (right to buy) $ 3.55 11/01/2011 01/21/2021 Common Stock 250,000 250,000 D
40,000 $ 2.63 11/14/2014 11/14/2023 Common Stock 40,000 40,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sun Henry
BLDG. A1, LUOSHAN IND. ZONE, SHANXIA
PINGHU, LONGGANG, SHENZHEN
GUANGDONG, F4518111
CFO
Signatures
/s/ Henry Sun 06/26/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Employee stock options (right to buy) ("Options") granted pursuant to Issuer's 2008 Omnibus Incentive Plan.
( 2 )Of such Options, 30,000 vest and are exercisable on the date of grant. The balance of 30,000 Options vest and are exercisable on the date of Issuer's board of directors meeting in the first quarter of 2016 or on March 31, 2016, whichever comes first.
( 3 )Subject to certain performance criteria, the Options vest in two tranches as follows: 20,000 Options vest on January 1, 2016, and the remaining 20,000 Options vest on December 1, 2016.

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 Number.