DSC Holdings (DSC) SVP reports 5M shares and major option grants
Rhea-AI Filing Summary
DSC Holdings Ltd. director and Senior Vice President Zhang Liyu has filed an initial ownership report detailing equity interests in the company. The filing shows indirect ownership of 5,000,000 ordinary shares held through Drean Car Limited.
In addition, Zhang holds several blocks of stock options over Class A ordinary shares with exercise prices ranging from $0.0001 to $0.4796 per share, each expiring on October 1, 2032. Footnotes state these options were granted under the company’s 2023 equity plan, with some becoming exercisable upon completion of the initial public offering and others vesting over four years, with 25% vesting each year.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Zhang Liyu
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
Options — 8,651,519 shares (Direct);
Ordinary shares — 5,000,000 shares (Indirect, Held by Drean Car Limited)
Footnotes (5)
- F1. Immediately prior to the completion of the Issuer's initial public offering, each ordinary shares will be redesignated as Class A ordinary shares on a one-for-one basis.
- F2. These options were granted to the reporting person pursuant to the Issuer's 2023 Plan on July 25, 2023. All such options will become exercisable upon the completion of the Issuer's initial public offering.
- F3. These options were granted to the reporting person pursuant to the Issuer's 2023 Plan on July 25, 2023 and subject to 4-year service based vesting schedule, with 25% vesting each year.
- F4. These options were granted to the reporting person pursuant to the Issuer's 2023 Plan on March 29, 2024 and subject to 4-year service based vesting schedule, with 25% vesting each year.
- F5. These options were granted to the reporting person pursuant to the Issuer's 2023 Plan on May 26, 2026 and will become exercisable upon the completion of the Issuer's initial public offering.
Key Figures
Indirect ordinary shares: 5,000,000 shares
Options at $0.0001: 2,000,000 underlying shares
Options at $0.4796 (block 1): 1,162,000 underlying shares
+5 more
8 metrics
Indirect ordinary shares
5,000,000 shares
Ordinary shares held via Drean Car Limited
Options at $0.0001
2,000,000 underlying shares
Options on Class A ordinary shares, exercise price $0.0001
Options at $0.4796 (block 1)
1,162,000 underlying shares
Options on Class A ordinary shares, exercise price $0.4796
Options at $0.4796 (block 2)
800,000 underlying shares
Options on Class A ordinary shares, exercise price $0.4796
Options at $0.4796 (block 3)
40,500 underlying shares
Options on Class A ordinary shares, exercise price $0.4796
Options at $0.4796 (block 4)
871,500 underlying shares
Options on Class A ordinary shares, exercise price $0.4796
Options at $0.2109
2,511,759 underlying shares
Options on Class A ordinary shares, exercise price $0.2109
Options at $0.0083
1,265,760 underlying shares
Options on Class A ordinary shares, exercise price $0.0083
Key Terms
initial public offering, service based vesting schedule, 2023 Plan, Class A ordinary shares, +1 more
5 terms
initial public offering financial
"will become exercisable upon the completion of the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
service based vesting schedule financial
"subject to 4-year service based vesting schedule, with 25% vesting each year"
2023 Plan financial
"These options were granted to the reporting person pursuant to the Issuer's 2023 Plan"
exercise price financial
"Options with an exercise price ranging from 0.0001 to 0.4796 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
