Weibo (NASDAQ: WB) COO Wang Wei discloses ADS holdings and stock options
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
WEIBO Corp Chief Operating Officer Wang Wei has filed an initial ownership report showing his equity stake in the company. He directly holds 216,528 American depositary shares (ADS), with each ADS representing one Class A ordinary share.
He also holds multiple stock options giving him the right to buy Class A ordinary shares at fixed prices. These include options with an exercise price of $21.15 per share expiring on March 17, 2029, covering tranches such as 25,000 underlying shares, and additional options with an exercise price of $2.69 per share expiring on March 12, 2032, including a 50,000‑share tranche. The entries are reported as holdings rather than new transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
15 transactions reported
Mixed
15 txns
Insider
Wang Wei
Role
Chief Operating 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 | 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 | ADS | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 25,000 shares (Direct);
ADS — 216,528 shares (Direct)
Footnotes (1)
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FAQ
What does Weibo (WB) COO Wang Wei report owning in this Form 3?
Wang Wei reports direct ownership of 216,528 ADS of WEIBO Corp, plus multiple stock options on Class A ordinary shares. These options give him rights to buy shares at preset prices before their stated expiration dates.
How many Weibo (WB) ADS does Wang Wei hold directly?
Wang Wei holds 216,528 American depositary shares (ADS) directly. A footnote states that each ADS represents one Class A ordinary share, so this position mirrors 216,528 Class A ordinary shares on an equivalent basis.
What stock option positions does Weibo (WB) COO Wang Wei disclose?
He discloses several stock options labeled “Stock Option (Right to Buy)” on Class A ordinary shares. These include tranches such as 25,000 and 12,500 underlying shares at $21.15, and tranches like 50,000 underlying shares at $2.69 per share.
What are the exercise prices and expirations of Wang Wei’s Weibo (WB) options?
The filing shows options with exercise prices of $21.15 per Class A ordinary share expiring on March 17, 2029, and options at $2.69 per share expiring on March 12, 2032. Each option entry lists its own expiration date.
Are there buy or sell transactions in Wang Wei’s Weibo (WB) Form 3?
The entries are recorded as holdings rather than new buy or sell transactions. The transaction summary shows no buys, sells, or option exercises, indicating this Form 3 primarily reports existing positions at the time of becoming a reporting person.
What does the ADS footnote in Wang Wei’s Weibo (WB) filing explain?
The footnote explains that each American depositary share represents one Class A ordinary share. This clarifies that Wang Wei’s 216,528 ADS correspond on a one-for-one basis to 216,528 Class A ordinary shares in economic terms.