Agora COO reports ADS option holdings
Agora, Inc. COO of Shengwang, Liu Bin Robbin, has filed an initial ownership report detailing existing holdings in Agora ADSs and options.
Rhea-AI Filing Summary
Agora, Inc. COO of Shengwang, Liu Bin Robbin, has filed an initial ownership report detailing existing holdings in Agora ADSs and options. The filing shows direct ownership of 65,802 ADSs as of the reporting date. It also lists fully vested options to acquire 5,634 ADSs at an exercise price of 0.4000 per ADS and 134,190 ADSs at 0.0004 per ADS, along with options for 54,366 and 36,769 ADSs at an exercise price of 0.0000 per ADS. In addition, there is an incentive stock option covering 450,000 ADSs at an exercise price of 4.0000 per ADS, which vests in three 150,000-ADS tranches tied to separate performance goals. One ADS represents four Class A Ordinary Shares.
Positive
- None.
Negative
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Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Liu Bin Robbin
Role
COO of Shengwang
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Option (Right to buy) | -- | -- | -- |
| holding | Option (Right to buy) | -- | -- | -- |
| holding | Option (Right to buy) | -- | -- | -- |
| holding | Option (Right to buy) | -- | -- | -- |
| holding | Incentive Stock Option (Right to Buy) | -- | -- | -- |
| holding | ADS | -- | -- | -- |
Holdings After Transaction:
Option (Right to buy) — 230,959 contracts (Direct);
Incentive Stock Option (Right to Buy) — 450,000 contracts (Direct);
ADS — 65,802 shares (Direct)
Footnotes (6)
- F1. One ADS represents four Class A Ordinary Shares.
- F2. The Options were granted on June 17, 2020 and fully vested as of the filing date.
- F3. The Options were granted on December 1, 2022 and fully vested as of the filing date.
- F4. The Options were granted on January 1, 2023 and fully vested as of the filing date.
- F5. The Options were granted on July 1, 2024 and fully vested as of the filing date.
- F6. The Options were granted on September 4, 2024 with the following vesting conditions: 150,000 ADSs subject to the Option shall vest upon meeting or exceeding the first Performance Goal, another 150,000 ADSs subject to the Option shall vest upon meeting or exceeding the second Performance Goal, and the remaining 150,000 ADSs subject to the Option shall vest upon meeting or exceeding the third Performance Goal.
Key Figures
Direct ADS holdings: 65,802 ADSs
Incentive stock option ADSs: 450,000 ADSs at 4.0000 per ADS
Option at 0.4000: 5,634 ADSs at 0.4000 per ADS
+3 more
6 metrics
Direct ADS holdings
65,802 ADSs
Direct ownership reported on Form 3
Incentive stock option ADSs
450,000 ADSs at 4.0000 per ADS
Incentive Stock Option (Right to Buy) expiring 2034-09-04
Option at 0.4000
5,634 ADSs at 0.4000 per ADS
Option (Right to buy) expiring 2030-06-17
Option at 0.0004
134,190 ADSs at 0.0004 per ADS
Option (Right to buy) expiring 2032-12-01
Option at 0.0000 (2032)
54,366 ADSs at 0.0000 per ADS
Option (Right to buy) expiring 2032-04-01
Option at 0.0000 (2033)
36,769 ADSs at 0.0000 per ADS
Option (Right to buy) expiring 2033-04-01
Key Terms
ADS, Incentive Stock Option, Performance Goal, Class A Ordinary Shares
4 terms
ADS financial
"The filing shows direct ownership of 65,802 ADSs as of the reporting date."
Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.
Incentive Stock Option financial
"In addition, there is an incentive stock option covering 450,000 ADSs at an exercise price of 4.0000 per ADS"
An incentive stock option is a type of employee benefit that gives a worker the right to buy company shares at a fixed price, with special tax advantages if the employee holds the shares for a required period. Think of it as a coupon to buy future shares at today’s price that can result in lower tax on the gain. Investors care because ISOs can dilute share count, align staff incentives with the stock price, and affect company compensation costs and the timing of potential share sales.
Performance Goal financial
"150,000 ADSs subject to the Option shall vest upon meeting or exceeding the first Performance Goal"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Agora (API) COO Liu Bin Robbin report owning on this Form 3?
Liu Bin Robbin reports direct ownership of 65,802 Agora ADSs plus several option grants over additional ADSs, including a 450,000-ADS incentive stock option, providing a detailed picture of his initial equity position in the company.
How many Agora (API) ADSs are covered by the COO’s incentive stock option?
The incentive stock option covers 450,000 Agora ADSs at an exercise price of 4.0000 per ADS. These ADSs are split into three 150,000-ADS tranches that vest upon meeting separate performance goals described in the filing.
What low-priced options does Agora (API) COO Liu Bin Robbin hold?
He holds options over 5,634 ADSs at 0.4000 per ADS and 134,190 ADSs at 0.0004 per ADS, plus options over 54,366 and 36,769 ADSs at 0.0000 per ADS, representing fully vested grants with very low exercise prices.
Are the Agora (API) COO’s existing options already vested?
Options granted on June 17, 2020, December 1, 2022, January 1, 2023, and July 1, 2024 are fully vested as of the filing date, meaning those underlying ADSs can be exercised subject to their terms and expiration dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
