Silicon Motion Technology (SIMO) CFO discloses direct and trust ADS holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Silicon Motion Technology Corp CFO Tsai Po Hung filed an initial Form 3 showing ownership of American depositary shares. The filing reports 46,350 ADS held indirectly through the Tsai Family Living Trust and 1,900 ADS held directly. Each ADS represents four ordinary shares, and the CFO disclaims beneficial ownership of trust-held shares beyond his economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
TSAI PO HUNG
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | American depositary shares | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
American depositary shares — 46,350 shares (Indirect, By Tsai Family Living Trust Dated 10/09/2007);
American depositary shares — 1,900 shares (Direct)
Footnotes (1)
- Each American depositary share, represents four ordinary shares, US$0.01 par value per share, of Silicon Motion Technology Corp. These securities are held by the Tsai Family Living Trust Dated 10/09/2007, of which the reporting person and the reporting person's spouse are co-trustees and beneficiaries. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
Key Figures
Indirect ADS holdings: 46,350 ADS
Direct ADS holdings: 1,900 ADS
ADS to ordinary share ratio: 1 ADS = 4 ordinary shares
3 metrics
Indirect ADS holdings
46,350 ADS
Held by Tsai Family Living Trust dated 10/09/2007
Direct ADS holdings
1,900 ADS
Held directly by reporting person after Form 3
ADS to ordinary share ratio
1 ADS = 4 ordinary shares
Representation of Silicon Motion Technology Corp shares
Key Terms
American depositary shares, Tsai Family Living Trust, indirect ownership, pecuniary interest
4 terms
Tsai Family Living Trust financial
"These securities are held by the Tsai Family Living Trust Dated 10/09/2007"
indirect ownership financial
"ownership_type": "indirect""
pecuniary interest financial
"disclaims beneficial ownership except to the extent of his pecuniary interest therein"
FAQ
What insider holdings does SIMO CFO Tsai Po Hung report on this Form 3?
He reports indirect ownership of 46,350 American depositary shares through the Tsai Family Living Trust and 1,900 ADS held directly. These figures reflect his initial reported position as an officer of Silicon Motion Technology Corp.
Does the SIMO CFO fully own the ADS held by the Tsai Family Living Trust?
No. The filing explains he disclaims beneficial ownership of shares held by the Tsai Family Living Trust, except to the extent of his pecuniary interest as a co-trustee and beneficiary with his spouse.