Sea Ltd (NYSE: SE) CPO Chen Jingye reports large share and option stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Sea Ltd executive Chen Jingye, CPO of Shopee, filed an initial statement of beneficial ownership showing sizeable equity exposure to Sea. Chen holds 9,073,908 Class A ordinary shares directly and 240,800 Class A ordinary shares indirectly through a BVI entity. Chen also holds share options over 1,150,000 Class A ordinary shares at an exercise price of $15.0000 per share, granted on February 28, 2018 and now fully exercisable, expiring on February 28, 2028. A further block of share options over 2,000,000 Class A ordinary shares has an exercise price of $120.0000 per share, granted on April 17, 2022 and scheduled to become fully exercisable on April 30, 2027, expiring on April 17, 2032.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Chen Jingye
Role
CPO, Shopee
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share options (right to buy) | -- | -- | -- |
| holding | Share options (right to buy) | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Share options (right to buy) — 1,150,000 shares (Direct);
Class A ordinary shares — 9,073,908 shares (Direct);
Class A ordinary shares — 240,800 shares (Indirect, By BVI entity)
Footnotes (1)
- The share options were granted on February 28, 2018 and are fully exercisable. The share options were granted on April 17, 2022 and will be fully exercisable on April 30, 2027.
FAQ
What does the Chen Jingye Form 3 filing show for Sea Ltd (SE)?
The Form 3 shows Chen Jingye’s existing ownership in Sea Ltd, including direct and indirect Class A shares plus option grants. It is an initial disclosure of holdings, not a report of new share purchases or sales.
Are Chen Jingye’s Sea Ltd options currently exercisable?
The options over 1,150,000 Class A shares at $15.0000 are fully exercisable according to the disclosure. The options over 2,000,000 Class A shares at $120.0000 will become fully exercisable on April 30, 2027.
Does the Sea Ltd (SE) Form 3 indicate any recent insider buying or selling by Chen Jingye?
The Form 3 presents holding entries only and shows no buy or sell transactions. It is an initial statement of beneficial ownership, listing existing shares and options rather than reporting new trades.