LightInTheBox (NYSE: LITB) director discloses 33,333 ADS stake in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
LightInTheBox Holding Co., Ltd. director Deng Lei has filed an initial ownership report showing direct beneficial ownership of 33,333 American Depositary Shares. Each American Depositary Share, or ADS, represents 12 ordinary shares, providing a clear snapshot of Deng Lei’s equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Deng Lei
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | American Depositary Shares | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 33,333 shares (Direct)
Footnotes (1)
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Key Figures
ADS holdings: 33,333 American Depositary Shares
ADS to ordinary share ratio: 1 ADS = 12 ordinary shares
2 metrics
ADS holdings
33,333 American Depositary Shares
Total shares following the reported event
ADS to ordinary share ratio
1 ADS = 12 ordinary shares
Share ratio stated in footnote
Key Terms
American Depositary Shares, ADS, ordinary shares
3 terms
ADS financial
"Each American Depositary Share ("ADS") represents 12 ordinary shares."
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FAQ
What does the Form 3 for LITB director Deng Lei report?
The Form 3 reports that director Deng Lei directly owns 33,333 American Depositary Shares of LightInTheBox Holding Co., Ltd. This filing is an initial statement of beneficial ownership rather than a record of new share purchases or sales.
How many LightInTheBox (LITB) ADSs does Deng Lei hold?
Deng Lei holds 33,333 American Depositary Shares of LightInTheBox. This number reflects the total ADS position reported after the event date in the filing and represents Deng Lei’s disclosed direct beneficial ownership in the company’s equity at that time.
What does each LightInTheBox (LITB) ADS represent for Deng Lei’s holdings?
Each LightInTheBox American Depositary Share (ADS) represents 12 ordinary shares. This ratio means Deng Lei’s reported ADS position corresponds to a larger number of underlying ordinary shares, though the filing itself focuses on the ADS count for disclosure.
Is Deng Lei’s ownership in LITB direct or through another entity?
The Form 3 indicates direct ownership of 33,333 American Depositary Shares by Deng Lei. There is no disclosure in this filing of shares held indirectly through trusts, partnerships, or other entities, so the reported stake is attributed directly to the director.