Captivision CEO reports holdings in Form 3
Captivision Inc. chairman and CEO Gary R. Garrabrant filed an initial ownership report showing substantial equity and warrant positions.
Rhea-AI Filing Summary
Captivision Inc. chairman and CEO Gary R. Garrabrant filed an initial ownership report showing substantial equity and warrant positions. He directly holds 1,841,884 ordinary shares, including 800,000 shares of restricted stock granted on August 7, 2024 under the 2023 Incentive Award Plan. He also reports indirect ownership of additional ordinary shares through entities referenced in footnotes. In addition, he holds private warrants exercisable at $11.50 per share into 2,459,083 underlying ordinary shares directly and 30,325 underlying ordinary shares indirectly, all expiring on November 15, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
GARRABRANT GARY R
Role
CHAIRMAN AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | PRIVATE WARRANTS | -- | -- | -- |
| holding | PRIVATE WARRANTS | -- | -- | -- |
| holding | ORDINARY SHARES | -- | -- | -- |
| holding | ORDINARY SHARES | -- | -- | -- |
| holding | ORDINARY SHARES | -- | -- | -- |
| holding | ORDINARY SHARES | -- | -- | -- |
Holdings After Transaction:
PRIVATE WARRANTS — 2,459,083 contracts (Direct);
PRIVATE WARRANTS — 30,325 contracts (Indirect, SEE FOOTNOTE);
ORDINARY SHARES — 1,841,884 shares (Direct);
ORDINARY SHARES — 1,059,559 shares (Indirect, SEE FOOTNOTE)
Footnotes (4)
- F1. Includes 800,000 shares of restricted stock granted to the Reporting Person on August 7, 2024, under the Issuer's 2023 Incentive Award Plan (the "Award Plan"), which vest in a series of four successive equal yearly installments upon completion of each year of service measured from November 15, 2024.
- F2. Represents securities held by JGG SPAC Holdings LLC ("JGG"). The Reporting Person is a managing member of JGG and may be deemed a beneficial owner of these ordinary shares of the Company. The Reporting Person disclaims beneficial ownership over these ordinary shares except to the extent of his pecuniary interest, whether direct or indirect.
- F3. Represents securities held by Jaguar Growth Partners Group, LLC ("JGPG"). The Reporting Person may be deemed a beneficial owner of these securities of the Company.
- F4. Represents securities held by Jaguar Growth Partners, LLC ("JGP"). The Reporting Person may be deemed a beneficial owner of these ordinary shares of the Company.
Key Figures
Direct ordinary shares: 1,841,884 shares
Restricted stock grant: 800,000 shares
Direct private warrant underlying shares: 2,459,083 shares
+5 more
8 metrics
Direct ordinary shares
1,841,884 shares
Total ordinary shares directly owned as of Form 3
Restricted stock grant
800,000 shares
Restricted shares granted on August 7, 2024 under 2023 Incentive Award Plan
Direct private warrant underlying shares
2,459,083 shares
Underlying ordinary shares for direct private warrants
Indirect private warrant underlying shares
30,325 shares
Underlying ordinary shares for indirect private warrants
Warrant exercise price
$11.50 per share
Exercise price for private warrants expiring November 15, 2028
Indirect ordinary shares via JGG SPAC Holdings LLC
697,760 shares
Ordinary shares held by JGG SPAC Holdings LLC, may be deemed beneficially owned
Indirect ordinary shares via JGPG
36,073 shares
Ordinary shares held by Jaguar Growth Partners Group, LLC
Indirect ordinary shares via JGP
325,726 shares
Ordinary shares held by Jaguar Growth Partners, LLC
Key Terms
restricted stock, 2023 Incentive Award Plan, PRIVATE WARRANTS, beneficial owner, +2 more
6 terms
restricted stock financial
"Includes 800,000 shares of restricted stock granted to the Reporting Person"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2023 Incentive Award Plan financial
"under the Issuer's 2023 Incentive Award Plan (the "Award Plan")"
PRIVATE WARRANTS financial
"security_title": "PRIVATE WARRANTS""
A private warrant is a contract sold directly to selected investors that gives the holder the right to buy a company’s stock at a fixed price in the future. Think of it as a coupon for shares that isn’t offered on public markets: it can provide the company with future cash if exercised but can also dilute existing shareholders by increasing the number of outstanding shares, so investors watch exercise price, expiration and transfer restrictions closely.
beneficial owner financial
"may be deemed a beneficial owner of these ordinary shares of the Company"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interest financial
"disclaims beneficial ownership over these ordinary shares except to the extent of his pecuniary interest"
vesting financial
"which vest in a series of four successive equal yearly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Gary Garrabrant’s Form 3 filing show for Captivision (CAPT)?
The Form 3 shows that chairman and CEO Gary R. Garrabrant holds significant ordinary shares and private warrants of Captivision Inc. (CAPT), including both direct holdings in his name and indirect holdings through affiliated entities described in the footnotes.
What restricted stock award is disclosed for Captivision (CAPT) in this Form 3?
The filing discloses an award of 800,000 restricted shares granted to Gary R. Garrabrant on August 7, 2024 under Captivision’s 2023 Incentive Award Plan, vesting in four equal annual installments based on continued service measured from November 15, 2024.
What private warrant holdings in Captivision (CAPT) does Gary Garrabrant report?
Garrabrant reports private warrants with an exercise price of $11.50 per share, expiring November 15, 2028, covering 2,459,083 underlying ordinary shares directly and 30,325 underlying ordinary shares indirectly, providing additional potential equity exposure if exercised.
How are indirect Captivision (CAPT) holdings attributed in Gary Garrabrant’s Form 3?
Indirect holdings are reported as securities held by entities including JGG SPAC Holdings LLC, Jaguar Growth Partners Group, LLC, and Jaguar Growth Partners, LLC. The filing states Garrabrant may be deemed a beneficial owner through these entities, subject to the footnote disclaimers.
AI-generated analysis. How Rhea-AI works. Not financial advice.
