[Form 3] Bending Spoons S.p.A. Initial Statement of Beneficial Ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Bending Spoons S.p.A. director Stephen Charles Sinwell has filed an initial statement of ownership. The filing shows direct holdings of 12,035 Ordinary Shares. He also directly holds warrants covering 17,745 Ordinary Shares with an exercise price of $6.1981 per share, which are fully vested and exercisable and expire on September 29, 2026. The exercise price is denominated in euros, with the reported dollar amount based on a rate of 1.1607 U.S. dollars per 1.00 euro.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sinwell Stephen Charles
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Warrants | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Warrants — 17,745 shares (Direct, null);
Ordinary Shares — 12,035 shares (Direct, null)
Footnotes (1)
- The warrants are fully vested and exercisable. The exercise price is denominated in euros. The price reported herein is based on an exchange ratio of 1.1607 U.S. dollars per 1.00 euro.
Key Figures
Ordinary Shares owned: 12,035 shares
Warrants underlying shares: 17,745 shares
Warrant exercise price: $6.1981 per share
+2 more
5 metrics
Ordinary Shares owned
12,035 shares
Directly owned Ordinary Shares reported on Form 3
Warrants underlying shares
17,745 shares
Underlying Ordinary Shares for reported warrants
Warrant exercise price
$6.1981 per share
Exercise price for warrants, euro-denominated with USD conversion
Warrant expiration
September 29, 2026
Expiration date of fully vested, exercisable warrants
FX rate used
1.1607 USD per 1.00 euro
Exchange ratio used to report the exercise price in dollars
Key Terms
Form 3, warrants, exercise price, fully vested, +1 more
5 terms
Form 3 regulatory
"director Stephen Charles Sinwell has filed an initial statement of ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
warrants financial
"He also directly holds warrants covering 17,745 Ordinary Shares"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
exercise price financial
"with an exercise price of $6.1981 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
fully vested financial
"warrants with an exercise price of $6.1981 per share, which are fully vested and exercisable"
expiration date financial
"fully vested and exercisable and expire on September 29, 2026"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What does the Bending Spoons (BSP) Form 3 filing disclose for Stephen Charles Sinwell?
The Form 3 shows Stephen Charles Sinwell, a director of Bending Spoons S.p.A., directly owns 12,035 Ordinary Shares and warrants over 17,745 Ordinary Shares. It is an initial ownership report, not a record of recent buying or selling activity.
What warrants are reported for Stephen Charles Sinwell in the Bending Spoons (BSP) Form 3?
The filing reports directly held warrants over 17,745 Ordinary Shares of Bending Spoons S.p.A. These warrants are fully vested and exercisable, providing the right to acquire the underlying Ordinary Shares before the stated expiration date.
What is the exercise price of the warrants reported for Bending Spoons (BSP) director Stephen Charles Sinwell?
The warrants have an exercise price of $6.1981 per underlying Ordinary Share. The exercise price is denominated in euros, and the reported dollar figure is based on an exchange ratio of 1.1607 U.S. dollars per 1.00 euro, as noted in the filing footnote.
When do Stephen Charles Sinwell’s Bending Spoons (BSP) warrants expire?
The warrants held by Stephen Charles Sinwell expire on September 29, 2026. Because they are fully vested and exercisable, he may choose to exercise them any time before that expiration date, according to the terms disclosed.
Does the Bending Spoons (BSP) Form 3 indicate any recent insider buying or selling by Stephen Charles Sinwell?
No, the Form 3 functions as an initial ownership statement. It lists existing holdings of 12,035 Ordinary Shares and 17,745 warrants, with no reported buy or sell transactions or transaction codes indicating recent market activity.