LI JIANWEI (Chairman and Co-CEO) purchased 215K shares of SAIHEAT LTD on the open market
Open‑market purchase worth $2.15M. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 5/5/2021ACC: 0001104659-21-061940
DirectorOfficer10% Owner· Chairman and Co-CEO
Since Apr 2021
+215K
Net shares
Net buyer
$2.15M
Total acquired
1
Open market trades
1B · 0S
3
Total transactions
1.06M acquired · 850K disposed
Non-Derivative Transactions2
Class A Ordinary Shares
Direct
Shares
+215K
Price / share
$10.00
Trade value
$2.15M
% of position
New position
5/3/2021
0.00→215K
Class A Ordinary Shares
Direct
Shares
+850K
Price / share
—
Trade value
—
% of position
395.3%
5/3/2021
215K→1.06M
Total
Net shares
+1.06M
Net value
$2.15M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Ordinary Shares Direct | 5/3/2021 | P · Purchase | +215K | $10.00 | $2.15M | New position | 0.00 | 215K |
| Class A Ordinary Shares Direct | 5/3/2021 | M · Option Exercise | +850K | — | — | 395.3% | 215K | 1.06M |
| Total | +1.06M | $2.15M | ||||||
Derivative Transactions1
Class B Ordinary Shares
Direct
Converts to
Class A Ordinary Shares
850K shares
Shares
−850K
Strike price
Held after
240K
Exercisable
—
5/3/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Class B Ordinary Shares Direct | Class A Ordinary Shares850K shares | 5/3/2021 | M · Option Exercise | −850K | — | 240K |