Bending Spoons (BSP) CEO Luca Ferrari reports large Ordinary and Class A stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Bending Spoons S.p.A. chief executive officer Luca Ferrari filed an initial Form 3 reporting his ownership in the company. He directly holds 644,175 Ordinary Shares and 82,145,490 Class A Shares.
Each Class A Share is convertible at any time into one Ordinary Share at the holder’s request, and the Class A Shares will also automatically convert into Ordinary Shares upon certain events. The filing records Ferrari’s starting equity position and does not report any recent share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ferrari Luca
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class A Shares — 82,145,490 shares (Direct, null);
Ordinary Shares — 644,175 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Ordinary Shares held: 644,175 shares
Class A Shares held: 82,145,490 shares
Class A conversion ratio: 1 Class A = 1 Ordinary Share
+2 more
5 metrics
Ordinary Shares held
644,175 shares
Direct holdings reported on Form 3
Class A Shares held
82,145,490 shares
Direct holdings reported on Form 3
Class A conversion ratio
1 Class A = 1 Ordinary Share
Convertible at any time upon holder request
Class A exercise/conversion price
$0.0000 per share
Exercise price disclosed for Class A into Ordinary Shares
Underlying Ordinary Shares for Class A
82,145,490 shares
Underlying security shares for Class A instruments
Key Terms
Ordinary Shares, Class A Shares, convertible, underlying security
4 terms
convertible financial
"Each Class A Share is convertible at any time into one Ordinary Share"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
underlying security financial
"Underlying security title identified as Ordinary Shares for the Class A Shares"
FAQ
What does Luca Ferrari’s Form 3 for Bending Spoons (BSP) disclose?
The Form 3 discloses Luca Ferrari’s initial ownership in Bending Spoons. He directly holds 644,175 Ordinary Shares and 82,145,490 Class A Shares, establishing his starting equity position as chief executive officer without reporting any recent trades.
Does the Bending Spoons (BSP) Form 3 show any insider buying or selling?
The Form 3 does not show any insider buying or selling. It is an initial ownership report with two holding entries and no recorded purchase or sale transactions, so it simply establishes Ferrari’s existing equity stake in the company.