DSC Holdings (DSC) SVP discloses indirect shares and option grants
Rhea-AI Filing Summary
DSC Holdings Ltd. senior vice president Zhang Gongwei reported his initial ownership in the company. He indirectly holds 1,051,669 ordinary shares through Sky Harmony Ventures Limited. He also holds several option awards over Class A ordinary shares with exercise prices as low as $0.0001 per share.
According to the disclosure, certain options become exercisable only upon completion of DSC Holdings’ initial public offering, while others follow a four-year service-based vesting schedule with 25% vesting each year and share expiration dates in 2032.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Zhang Gongwei
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Orindary shares | -- | -- | -- |
Holdings After Transaction:
Options — 4,098,000 shares (Direct);
Orindary shares — 1,051,669 shares (Indirect, Held by Sky Harmony Ventures 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: 1,051,669 shares
Options exercise price: $0.0001 per share
Options underlying shares: 1,000,000 shares
+5 more
8 metrics
Indirect ordinary shares
1,051,669 shares
Indirectly held via Sky Harmony Ventures Limited
Options exercise price
$0.0001 per share
Options over 1,000,000 Class A ordinary shares
Options underlying shares
1,000,000 shares
Class A ordinary shares at $0.0001 exercise price
Options exercise price
$0.4796 per share
Multiple grants over Class A ordinary shares
Options underlying shares
1,108,000 shares
Class A ordinary shares at $0.4796 exercise price
Options underlying shares
1,000,000 shares
Additional Class A options at $0.4796 exercise price
Options underlying shares
22,500 shares
Class A options at $0.4796, exercisable from July 1, 2026
Options expiration
October 1, 2032
Expiration date for reported option grants
Key Terms
Class A ordinary shares, initial public offering, 2023 Plan, service based vesting schedule, +1 more
5 terms
initial public offering financial
"Immediately prior to the completion of the Issuer's initial public offering, each ordinary shares will be redesignated."
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.
2023 Plan financial
"These options were granted to the reporting person pursuant to the Issuer's 2023 Plan on July 25, 2023."
service based vesting schedule financial
"Subject to 4-year service based vesting schedule, with 25% vesting each year."
indirect ownership financial
"Indirectly held through Sky Harmony Ventures Limited as indicated by indirect ownership code."
AI-generated analysis. How Rhea-AI works. Not financial advice.
