Initial Statement of Beneficial Ownership - Shi Bin Spencer
Shi Bin Spencer, Chief Technology Officer of LightInTheBox Holding Co., Ltd., has filed an initial statement of beneficial ownership. The filing indicates direct ownership of 353,850 American Depositary Shares (ADS). Additionally, through BINLIGHT PTE. LTD., Spencer indirectly owns 33,333 ADS. The filing also discloses derivative holdings in the form of options to buy ADS, with varying exercise prices and expiration dates. Notably, one option grants the right to buy 33,333 ADS at $3.00 per share, expiring on October 24, 2032, and is held indirectly through BINLIGHT PTE. LTD. Another indirect holding through BINLIGHT PTE. LTD. involves 25,000 ADS with an exercise price of $3.90 and an expiration date of July 29, 2034. A direct holding of 9,259 ADS is also reported, acquired with an exercise price of $0.06 and an expiration date of December 28, 2033.