Captivision (CAPT) director reports shares, options, RSRs and warrants

Rhea-AI Filing Summary

Captivision Inc. director Lee Ho Joon filed an initial statement of beneficial ownership, detailing his current equity and derivative positions rather than new trades. He reports direct ownership of 42,213 ordinary shares.

He also holds options to acquire 32,032 ordinary shares at an exercise price of $4.84 per share, expiring on March 29, 2027, which were issued in connection with Captivision’s business combination. In addition, he has founder warrants linked to 711,747 ordinary shares with an exercise price of $11.50 per share, expiring on November 15, 2028.

Footnotes describe three restricted stock right grants of 666,666.67 units each, granted on March 2, 2023. Each restricted stock right represents a contingent right to receive one ordinary share and will vest only if specific share price performance targets of $12.00, $14.00, or $16.00 are met for twenty trading days within a thirty-day period during the earnout period from November 15, 2023 to November 15, 2026.

Insider Trade Summary

6 transactions reported

Mixed 6 txns

Insider Lee Ho Joon

Role Director

Type	Security	Shares	Price	Value
holding	OPTION TO PURCHASE	--	--	--
holding	RESTRICTED STOCK RIGHT	--	--	--
holding	RESTRICTED STOCK RIGHT	--	--	--
holding	RESTRICTED STOCK RIGHT	--	--	--
holding	FOUNDER WARRANTS	--	--	--
holding	ORDINARY SHARES	--	--	--

Holdings After Transaction: OPTION TO PURCHASE — 32,032 shares (Direct); RESTRICTED STOCK RIGHT — 666,666.67 shares (Direct); FOUNDER WARRANTS — 711,747 shares (Direct); ORDINARY SHARES — 42,213 shares (Direct)

Footnotes (1)

1. In connection with the Issuer's business combination, the Reporting Person's stock options in Captivision Korea Inc. were converted into vested options to acquire 32,032 Ordinary Shares of the Issuer. Each restricted stock right ("RSR") represents a contingent right to receive an equal number of Ordinary Shares upon vesting. 666,666.67 RSRs were granted to the Reporting Person on March 2, 2023. The RSRs will vest and be settled if, from November 15, 2023 to November 15, 2026 (the "Earnout Period"), the daily volume weighted average price ("VWAP") of the Ordinary Shares is greater than or equal to $12.00 for any twenty trading days within any thirty consecutive trading period. 666,666.67 RSRs were granted to the Reporting Person on March 2, 2023. The RSRs will vest and be settled if, during the Earnout Period, the daily VWAP of the Ordinary Shares is greater than or equal to $14.00 for any twenty trading days within any thirty consecutive trading day period. 666,666.67 RSRs were granted to the Reporting Person on March 2, 2023. The RSRs will vest and be settled if, during the Earnout Period, the daily VWAP of the Ordinary Shares is greater than or equal to $16.00 for any twenty trading days within any thirty consecutive trading day period

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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hours per response:			0.5

1. Name and Address of Reporting Person^*

Lee Ho Joon

(Last) (First) (Middle)

C/O CAPTIVISION INC. 298-42 CHUNG-BUK

CHUNGANG-RO CHUNG-BUK

(Street)

PYEONG-TAEK, GYOUNGGI REPUBLIC OF KOREA 17800

(City) (State) (Zip)

KOREA, REPUBLIC OF

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Captivision Inc. [ CAPT ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
ORDINARY SHARES	42,213	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
OPTION TO PURCHASE(1)	03/20/2024	03/29/2027	ORDINARY SHARES	32,032	$4.84	D
RESTRICTED STOCK RIGHT(2)	(3)	(3)	ORDINARY SHARES	666,666.67	(3)	D
RESTRICTED STOCK RIGHT(2)	(4)	(4)	ORDINARY SHARES	666,666.67	(4)	D
RESTRICTED STOCK RIGHT(2)	(5)	(5)	ORDINARY SHARES	666,666.67	(5)	D
FOUNDER WARRANTS	11/15/2023	11/15/2028	ORDINARY SHARES	711,747	$11.5	D

Explanation of Responses:

1. In connection with the Issuer's business combination, the Reporting Person's stock options in Captivision Korea Inc. were converted into vested options to acquire 32,032 Ordinary Shares of the Issuer.

2. Each restricted stock right ("RSR") represents a contingent right to receive an equal number of Ordinary Shares upon vesting.

3. 666,666.67 RSRs were granted to the Reporting Person on March 2, 2023. The RSRs will vest and be settled if, from November 15, 2023 to November 15, 2026 (the "Earnout Period"), the daily volume weighted average price ("VWAP") of the Ordinary Shares is greater than or equal to $12.00 for any twenty trading days within any thirty consecutive trading period.

4. 666,666.67 RSRs were granted to the Reporting Person on March 2, 2023. The RSRs will vest and be settled if, during the Earnout Period, the daily VWAP of the Ordinary Shares is greater than or equal to $14.00 for any twenty trading days within any thirty consecutive trading day period.

5. 666,666.67 RSRs were granted to the Reporting Person on March 2, 2023. The RSRs will vest and be settled if, during the Earnout Period, the daily VWAP of the Ordinary Shares is greater than or equal to $16.00 for any twenty trading days within any thirty consecutive trading day period

	/s/ Ho Joon Lee	03/26/2026
	** 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 5 (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.
* Form 3: SEC 1473 (03-26)

FAQ

What does Lee Ho Joon’s Form 3 filing for Captivision (CAPT) show?

The Form 3 shows Lee Ho Joon’s existing holdings in Captivision, including ordinary shares, stock options, founder warrants and performance-based restricted stock rights. It establishes his starting ownership position as a director, rather than reporting new buy or sell transactions.

How many Captivision (CAPT) ordinary shares does Lee Ho Joon directly own?

He directly owns 42,213 ordinary shares of Captivision. This direct share position sits alongside additional derivative interests, including stock options, founder warrants, and restricted stock rights that could convert into more ordinary shares if their conditions are satisfied.

What stock options and warrants does Lee Ho Joon hold in Captivision (CAPT)?

He holds options to acquire 32,032 ordinary shares at an exercise price of $4.84 per share, expiring March 29, 2027, and founder warrants linked to 711,747 ordinary shares at an exercise price of $11.50 per share, expiring November 15, 2028, all held directly.

How are the Captivision (CAPT) restricted stock rights structured for Lee Ho Joon?

He was granted three tranches of 666,666.67 restricted stock rights on March 2, 2023. Each right converts into one ordinary share only if specific volume-weighted average price hurdles of $12, $14 or $16 are met during the defined earnout period through November 15, 2026.

What is the earnout period for Captivision (CAPT) restricted stock rights?

The earnout period runs from November 15, 2023 to November 15, 2026. During this time, Captivision’s daily volume-weighted average price must exceed $12, $14 or $16 for twenty days within any thirty-day window for each restricted stock right tranche to vest.

Did Lee Ho Joon buy or sell Captivision (CAPT) shares in this Form 3?

No new purchases or sales are reported; the Form 3 lists existing holdings. It details his ordinary shares, options, founder warrants and performance-based restricted stock rights as of the reporting date, serving as a baseline ownership disclosure for a new insider.