DSC Holdings Ltd. (DSC) CFO reports multiple option grants
Rhea-AI Filing Summary
DSC Holdings Ltd. Chief Financial Officer Zou Qin filed an initial Form 3 reporting holdings of multiple option grants over Class A ordinary shares. The options have exercise prices of $0.0001 and $0.4796 per share and expire on October 1, 2032.
According to the footnotes, some options become exercisable upon completion of the company’s initial public offering, while others follow a four-year service-based vesting schedule starting on April 1, 2023 or January 1, 2024, with 25% vesting each year, plus an additional grant dated May 26, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Zou Qin
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
Holdings After Transaction:
Options — 12,682,390 shares (Direct)
Footnotes (4)
- F1. 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.
- F2. These options were granted to the reporting person pursuant to the Issuer's 2023 Plan and subject to 4-year service based vesting schedule starting from April 1, 2023, with 25% vesting each year.
- F3. These options were granted to the reporting person pursuant to the Issuer's 2023 Plan and subject to 4-year service based vesting schedule starting from January 1, 2024, with 25% vesting each year.
- F4. 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
Option exercise price: $0.0001 per share
Option exercise price: $0.4796 per share
Expiration date: October 1, 2032
+3 more
6 metrics
Option exercise price
$0.0001 per share
Options over Class A ordinary shares held directly by CFO
Option exercise price
$0.4796 per share
Additional option grants over Class A ordinary shares
Expiration date
October 1, 2032
Expiration for all reported option grants
Underlying shares (grant example)
3,150,000 shares
Options exercisable at $0.0001 per share
Underlying shares (grant example)
2,162,000 shares
Options exercisable at $0.4796 per share
Underlying shares (grant example)
4,000,000 shares
Options exercisable at $0.0001 per share
Key Terms
initial public offering, 2023 Plan, service based vesting schedule, 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.
2023 Plan financial
"These options were granted to the reporting person pursuant to the Issuer's 2023 Plan"
service based vesting schedule financial
"subject to 4-year service based vesting schedule starting from April 1, 2023"
Form 3 regulatory
"filed an initial Form 3 reporting holdings of multiple option grants"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
What does DSC (DSC) CFO Zou Qin report on this Form 3?
The filing shows CFO Zou Qin holding several options over DSC Holdings’ Class A ordinary shares. These are compensation-related derivative positions, not open-market stock trades, with future exercisability and vesting conditions defined in the company’s 2023 Plan.
What are the exercise prices of the DSC (DSC) options reported?
The options reported carry exercise prices of $0.0001 and $0.4796 per share. These prices specify what Zou Qin would pay per share to exercise each option, subject to vesting and exercisability conditions described in the footnotes.
When do the DSC (DSC) options held by the CFO expire?
All reported options have an expiration date of October 1, 2032. This means they can only be exercised before that date, assuming vesting and other conditions, such as the initial public offering trigger where applicable, are satisfied under the company’s equity plan.
How do the DSC (DSC) options vest for CFO Zou Qin?
Some options vest under a four-year service-based schedule starting April 1, 2023 or January 1, 2024, with 25% vesting each year. Other tranches become exercisable upon completion of the company’s initial public offering, as specified in the footnotes.
What is the significance of the initial public offering condition in DSC (DSC) options?
Certain options become exercisable only upon completion of DSC Holdings’ initial public offering. Until that IPO condition is met, those grants cannot be exercised, even though they are already awarded under the company’s 2023 Plan.
Are there future-dated DSC (DSC) option grants for the CFO?
One option grant is dated May 26, 2026 and will become exercisable upon completion of the initial public offering. This indicates a planned future grant under the same equity plan, subject to the IPO-based exercisability condition.
AI-generated analysis. How Rhea-AI works. Not financial advice.
