Ambow (AMBO) director discloses 300k options with 4-year vesting
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Ambow Education Holding Ltd. director Wang Mingjun reported holding options to purchase 300,000 Class A Ordinary Shares. The options have an exercise price of $0.1300 per share and expire on March 27, 2035. They vest over four years, with 25% vesting on the first anniversary of the grant date and the remaining 75% vesting in equal monthly installments over the next three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wang Mingjun
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options to purchase Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Options to purchase Class A Ordinary Shares — 300,000 shares (Direct)
Footnotes (1)
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FAQ
What does Ambow Education (AMBO) director Wang Mingjun report in this Form 3?
Director Wang Mingjun reports holding options to purchase 300,000 Ambow Class A Ordinary Shares. These options are disclosed as part of the initial beneficial ownership statement required when someone becomes a reporting insider.
What is the exercise price of the options reported by Ambow (AMBO) director Wang Mingjun?
The options have an exercise price of $0.1300 per Class A Ordinary Share. This is the price at which the director may buy the shares once the options have vested and while they remain unexpired.
When do Wang Mingjun’s Ambow (AMBO) stock options expire?
The options are scheduled to expire on March 27, 2035. After this expiration date, any unexercised options will lapse, and the right to purchase the underlying Class A Ordinary Shares will be lost.
How do the Ambow (AMBO) stock options held by Wang Mingjun vest over time?
The options vest over four years. Twenty-five percent vests on the first anniversary of the grant date, and the remaining seventy-five percent vests in equal monthly installments over the following three years, as described in the footnote.