Sinda (SIND) director details indirect stock and fully vested option holdings
Rhea-AI Filing Summary
Sinda Ltd. director Erfan Ali filed an initial ownership report showing indirect stakes in the company through Ajami Associates Limited. The filing lists 20,410 shares of common stock held indirectly and stock options covering 50,000 shares of common stock at an exercise price of $2.10 per share, expiring on March 31, 2030. The options were granted on March 31, 2020 and are fully vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Erfan Ali
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 50,000 shares (Indirect, By Ajami Associates Limited);
Common Stock — 20,410 shares (Indirect, By Ajami Associates Limited)
Footnotes (2)
- F1. The reporting person is a director of Ajami Associates Limited and may be deemed to beneficially own securities held by Ajami Associates Limited.
- F2. These stock options were granted on March 31, 2020 and are fully vested.
Key Figures
Indirect common shares: 20,410 shares
Option underlying shares: 50,000 shares
Option exercise price: $2.10 per share
+1 more
4 metrics
Indirect common shares
20,410 shares
Indirectly held via Ajami Associates Limited
Option underlying shares
50,000 shares
Underlying common stock for reported stock options
Option exercise price
$2.10 per share
Exercise price for stock options on 50,000 shares
Option expiration date
March 31, 2030
Expiration for fully vested stock options granted March 31, 2020
Key Terms
indirect, beneficially own, Stock Option (Right to Buy), fully vested
4 terms
indirect financial
"total_shares_following_transaction: "20410.0000" ... ownership_type: "indirect""
beneficially own financial
"may be deemed to beneficially own securities held by Ajami Associates Limited"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
fully vested financial
"These stock options were granted on March 31, 2020 and are fully vested."
FAQ
What does Sinda Ltd. (SIND) disclose in Erfan Ali’s Form 3?
The Form 3 shows director Erfan Ali’s initial indirect ownership in Sinda Ltd. It lists common shares and stock options held through Ajami Associates Limited, giving investors a baseline of his reported economic exposure to the company’s equity.
What stock options in Sinda Ltd. (SIND) are reported for Erfan Ali?
The filing reports stock options on 50,000 Sinda Ltd. common shares, held indirectly via Ajami Associates Limited. These options have a $2.10 exercise price, were granted March 31, 2020, are fully vested, and expire on March 31, 2030 if not exercised.
Are Erfan Ali’s Sinda Ltd. (SIND) holdings direct or indirect?
All reported holdings are indirect, held through Ajami Associates Limited. The Form 3 notes that Ali is a director of Ajami Associates Limited and may be deemed to beneficially own the securities that the entity holds on his behalf.
Does Erfan Ali’s Sinda Ltd. (SIND) Form 3 show any recent buying or selling?
The Form 3 does not report any recent purchases or sales of Sinda Ltd. securities. It functions as an initial statement of beneficial ownership, listing existing indirect share and option positions rather than new market transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
