Trip.com (TCOM) officer discloses stock options and 119,928 shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Trip.com Group Ltd officer Wang Xiaofan has filed an initial Form 3 showing existing equity holdings in the company. The filing reports direct ownership of 119,928 ordinary shares, held in the form of American depositary shares. It also discloses several fully vested stock option awards over ordinary shares with exercise prices ranging from $0.0013 to $18.18 per share and expiration dates between 2027 and 2032. These option grants represent long-dated rights to acquire additional Trip.com ordinary shares but do not reflect any recent purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Wang Xiaofan
Role
See Remarks
| 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 | Ordinary Share | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 124,000 shares (Direct);
Ordinary Share — 119,928 shares (Direct)
Footnotes (1)
- The ordinary shares are held in the form of American depositary shares, each representing one ordinary share. The stock option has fully vested over a three-year period, with 28,001 ordinary shares, 47,999 ordinary shares and 48,000 ordinary shares underlying the option vesting on the second, third and fourth anniversaries of 12/04/2019, respectively. The stock option has fully vested over a five-year period, with 12.5% vesting on each of the first, second, third and fourth anniversaries of 06/30/2020, and 50% vesting on the fifth anniversary of 06/30/2020. The stock option has fully vested over a four-year period, with 25% vesting on each of the first, second, third and fourth anniversaries of 02/03/2021. The stock option has fully vested over a four-year period, with 20,538 ordinary shares, 60,538 ordinatry shares, 60,000 ordinary shares and 60,000 ordinary shares underlying the option vesting on the first, second, third and fourth anniversaries of 03/15/2022, respectively. The stock option has fully vested over a four-year period, with 20,179 ordinary shares, 20,179 ordinary shares, 20,000 ordinary shares and 20,000 ordinary shares underlying the option vesting on the first, second, third and fourth anniversaries of 03/15/2022, respectively. The stock option vests over a four-year period, with 25% vesting on each of the first, second, third and fourth anniversaries of 02/28/2023. The stock option vests over a four-year period, with 25% vesting on each of the first, second, third and fourth anniversaries of 02/05/2024.
FAQ
What does Trip.com (TCOM) disclose in Wang Xiaofan’s Form 3 filing?
The Form 3 shows Wang Xiaofan’s existing equity position in Trip.com, including 119,928 ordinary shares and multiple stock option grants. These options cover ordinary shares at various exercise prices and expirations, reflecting previously awarded compensation, not new market transactions.
What stock options are reported for Wang Xiaofan in Trip.com (TCOM)?
The filing lists several stock option awards over Trip.com ordinary shares. Examples include 124,000 underlying shares at an exercise price of $0.0013 expiring on December 4, 2027, and 201,076 underlying shares at $18.18 expiring on March 15, 2030, plus other grants through 2032.
Are Wang Xiaofan’s Trip.com (TCOM) options vested according to the Form 3?
Several options are described as fully vested, having vested over three-, four-, or five-year schedules tied to grant anniversaries. Later grants vest over four years, with 25% vesting on each anniversary, indicating ongoing but structured vesting rather than immediate full availability.
Does the Trip.com (TCOM) Form 3 show any recent insider buying or selling by Wang Xiaofan?
The Form 3 does not show any new purchases or sales. It records existing direct holdings of ordinary shares and outstanding stock options. All transaction entries are coded as holdings, so the document functions as a baseline ownership statement for this reporting person.
What do the vesting footnotes in Trip.com (TCOM) Wang Xiaofan’s Form 3 explain?
The footnotes explain how each stock option vests over time. They describe specific vesting percentages or share amounts on each anniversary of the grant dates, over three- to five-year periods, clarifying that many options have already fully vested according to those pre-set schedules.