Neutron Holdings (LIME) CEO reports 559,667 shares plus major RSU and option awards
Rhea-AI Filing Summary
Neutron Holdings, Inc. director and CEO Ting Wayne Hsing-Yuan filed an initial ownership report showing existing equity positions, with no new purchases or sales. He directly holds 559,667 shares of Common Stock, plus a significant mix of restricted stock units and stock options.
The footnotes state that 334,450 restricted stock units each represent a right to receive one share of Common Stock and vest in approximately equal quarterly installments over four years, subject to his continuous service. One stock option grant is fully vested.
Other option awards vest in 36 approximately equal monthly installments beginning on May 23, 2024, while a performance-based option will vest only after the stock trades publicly for at least 90 consecutive trading days at a price implying a market capitalization of $4,000,000,000, also conditioned on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Ting Wayne Hsing-Yuan
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 22,321 shares (Direct);
Common Stock — 559,667 shares (Direct)
Footnotes (1)
- Includes 334,450 restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Common Stock of the Issuer. The RSUs vest in approximately equal quarterly installments over four years, subject to the Reporting Person's continuous service with the Issuer. The stock option is fully vested. The stock option vests in 36 approximately equal monthly installments beginning on May 23, 2024, subject to the Reporting Person's continuous service with the Issuer. The stock option will vest on the 10th day after the Common Stock trades publicly for at least 90 consecutive trading days at or above a price per share that would result in the Issuer's market capitalization being at or above $4,000,000,000, subject to the Reporting Person's continuous service with the Issuer.
Key Figures
Direct common shares: 559,667 shares
Restricted stock units: 334,450 RSUs
Option exercise price: $11.4912 per share
+4 more
7 metrics
Direct common shares
559,667 shares
Common Stock holdings following reported positions
Restricted stock units
334,450 RSUs
Each RSU represents one share of Common Stock
Option exercise price
$11.4912 per share
Stock Option (Right to Buy) on Common Stock expiring May 22, 2034
Option exercise price
$5.2416 per share
Stock Option (Right to Buy) on Common Stock with expirations 2028–2030
Option underlying shares
372,023 shares
Underlying Common Stock for one $11.4912 option grant
Option underlying shares
688,901 shares
Underlying Common Stock for one $5.2416 option grant
Market cap trigger
$4,000,000,000
Performance option vests after trading at a price implying this market cap
Key Terms
restricted stock units ("RSUs"), Stock Option (Right to Buy), market capitalization, continuous service, +1 more
5 terms
restricted stock units ("RSUs") financial
"Includes 334,450 restricted stock units ("RSUs"), each of which represents a contingent right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
market capitalization financial
"at or above a price per share that would result in the Issuer's market capitalization being at or above $4,000,000,000"
Market capitalization is the total market value of a company’s outstanding shares, calculated by multiplying the current share price by the number of shares issued. It gives a quick snapshot of a company’s size and how investors value it, influencing perceived risk, index membership, and roughly how much it might cost to buy the whole company — like using a sticker price to compare the relative size and price of different houses.
continuous service financial
"subject to the Reporting Person's continuous service with the Issuer"
vesting financial
"The stock option vests in 36 approximately equal monthly installments beginning on May 23, 2024"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Neutron Holdings (LIME) CEO Ting Wayne Hsing-Yuan report in this Form 3?
He reported his existing ownership in Neutron Holdings, including 559,667 shares of Common Stock, multiple stock option grants, and 334,450 restricted stock units. The filing is an initial statement of holdings and does not reflect new stock purchases or sales.
How many Neutron Holdings (LIME) RSUs does the CEO hold and how do they vest?
The CEO holds 334,450 restricted stock units, each representing one share of Common Stock. These RSUs vest in approximately equal quarterly installments over four years, provided he continues serving the company throughout the vesting period, creating a long-term incentive structure.
What stock option positions did the Neutron Holdings (LIME) CEO disclose?
He disclosed several stock option awards labeled as rights to buy Common Stock, with exercise prices including $11.4912 and $5.2416 per share. These options have expiration dates between 2028 and 2034 and are held directly as part of his equity compensation.
Are any Neutron Holdings (LIME) CEO stock options already fully vested?
Yes, one of the disclosed stock option grants is described as fully vested. This means all shares underlying that option are currently exercisable, subject to any other plan or company-specific conditions that may apply to exercising the award.
How do time-based stock options for Neutron Holdings (LIME) CEO vest?
Certain options for the CEO vest in 36 approximately equal monthly installments beginning on May 23, 2024. Vesting requires his continuous service with Neutron Holdings, aligning the option benefits with ongoing tenure and long-term company performance.
What performance condition affects one Neutron Holdings (LIME) stock option grant?
One option will vest on the 10th day after the Common Stock trades publicly for at least 90 consecutive trading days at a price implying market capitalization of $4,000,000,000, so long as the CEO maintains continuous service with the company during that period.