Four Seasons Education (FEDU) director discloses ADS options and 1,000 ADS holding
Rhea-AI Filing Summary
Four Seasons Education (Cayman) Inc. director Li Zongwei reports equity holdings in the company. The holdings include stock options over 3,000, 2,000, and 5,000 underlying American depositary shares (ADSs) at exercise prices of $8.00, $8.00, and $10.00 per ADS, expiring in 2028, 2031, and 2034, respectively. The options have vesting schedules described in the filing’s footnotes. Li also holds 1,000 ADSs directly. Each ADS represents ten ordinary shares of Four Seasons Education (Cayman) Inc.
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Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Li Zongwei
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) F2, F1 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F3, F1 | -- | -- | -- |
| holding | Stock Option (Right to Buy) F4, F1 | -- | -- | -- |
| holding | American Depository Shares F1 | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 10,000 shares (Direct);
American Depository Shares — 1,000 shares (Direct)
Footnotes (4)
- F1. Each American depositary share ("ADS") represents ten (10) ordinary shares of Four Seasons Education (Cayman) Inc. (the "Company").
- F2. This option vested in four equal annual installments beginning on July 3, 2019.
- F3. This option vested in four equal annual installments beginning on February 5, 2022.
- F4. The options vest in four equal installments on each of August 12, 2025, August 12, 2026, August 12, 2027, and August 12, 2028, respectively.
Key Figures
Option exercise price: $8.0000 per ADS
Option exercise price: $10.0000 per ADS
Underlying ADSs: 3,000 ADSs
+4 more
7 metrics
Option exercise price
$8.0000 per ADS
Stock Option (Right to Buy) expiring July 3, 2028 and February 5, 2031
Option exercise price
$10.0000 per ADS
Stock Option (Right to Buy) expiring August 12, 2034
Underlying ADSs
3,000 ADSs
Underlying shares for option at $8.0000 expiring July 3, 2028
Underlying ADSs
2,000 ADSs
Underlying shares for option at $8.0000 expiring February 5, 2031
Underlying ADSs
5,000 ADSs
Underlying shares for option at $10.0000 expiring August 12, 2034
Direct ADS holdings
1,000 ADSs
American depositary shares held directly as of March 18, 2026
ADS to ordinary share ratio
10 ordinary shares per ADS
Each American depositary share represents ten ordinary shares
Key Terms
American depositary share, Stock Option (Right to Buy), exercise price, expiration date
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy) with underlying ADSs"
exercise price financial
"conversion_or_exercise_price: "8.0000" and "10.0000" per ADS"
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.
expiration date financial
"expiration_date values include 2028-07-03, 2031-02-05, 2034-08-12"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What equity holdings does Li Zongwei report in Four Seasons Education (FEDU)?
Li Zongwei reports stock options over 3,000, 2,000, and 5,000 underlying ADSs and holds 1,000 ADSs directly. These positions represent his reported beneficial ownership in Four Seasons Education (Cayman) Inc. as of the reported date.
What are the exercise prices of Li Zongwei’s stock options in FEDU?
Li Zongwei’s reported stock options have exercise prices of $8.00 and $10.00 per ADS. Two grants are exercisable at $8.00 per ADS and one grant at $10.00 per ADS, each linked to different expiration and vesting schedules.
When do Li Zongwei’s reported stock options in FEDU expire?
The reported stock options expire on July 3, 2028, February 5, 2031, and August 12, 2034. Each grant has its own vesting schedule, so exercisability is staged over several years before the respective expiration dates.
How do Li Zongwei’s FEDU stock options vest over time?
One option grant vested in four equal annual installments from July 3, 2019, another from February 5, 2022, and a third will vest in four equal installments on August 12 of 2025–2028, subject to the award terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.