4//SEC Filing
Han Fei 4
Accession 0001225208-25-009462
CIK 0001805526other
Filed
Nov 24, 7:00 PM ET
Accepted
Nov 25, 9:13 PM ET
Size
13.8 KB
Accession
0001225208-25-009462
Insider Transaction Report
Form 4
Han Fei
CHIEF FINANCIAL OFFICER
Transactions
- Other
Warrant (Right to buy)
2025-10-27+46,852→ 46,852 total(indirect: By LLC)Exercise: $22.50From: 2025-11-16Exp: 2028-01-21→ Common Stock (46,852 underlying) - Other
Warrant (Right to buy)
2025-11-21−46,852→ 0 total(indirect: By LLC)Exercise: $22.50From: 2025-11-16Exp: 2028-01-21→ Common Stock (46,852 underlying) - Other
Warrant (Right to buy)
2025-11-21+46,852→ 46,852 totalExercise: $22.50From: 2025-11-16Exp: 2028-01-21→ Common Stock (46,852 underlying)
Holdings
- 1,000(indirect: By LLC)
Series A Preferred Stock
- 180,985
Stock Option (Right to buy)
Exercise: $3.91From: 2026-04-09Exp: 2035-04-09→ Common Stock (180,985 underlying) - 468,517(indirect: By LLC)
Common Stock
Footnotes (5)
- [F1]Reflects a 7-for-1 forward stock split effective on May 21, 2025.
- [F2]Mr. Han is a member of Defi Dev LLC, a manager-managed limited liability company. The securities herein are voted on by Parker White serving as manager of Defi Dev LLC.
- [F3]Represents a pro rata distribution by Defi Dev LLC to its Class A members.
- [F4]On October 8, 2025, DFDV declared a warrant dividend of warrants to purchase common stock in the amount of 1 warrant for each 10 shares of common stock held by each shareholder of record on October 23, 2025. The warrants were distributed on or around October 27, 2025. As a result, the reporting person received 46,852 warrants to purchase DFDV common stock.
- [F5]The date shown is the first date exercisable. One-fourth (1/4th) of the total number of shares subject to the Option shall vest on the first anniversary of the grant date, and thereafter one-thirty-sixth (1/36th) shall vest on the same date of the month applicable to the first vesting date on each of the thirty-six (36) months that occur after the date shown, such that 100% of the shares subject to the Option will be vested on the four (4) year anniversary of the grant date, subject to the reporting person's continued service through each applicable vesting date.
Documents
Issuer
DeFi Development Corp.
CIK 0001805526
Entity typeother
Related Parties
1- filerCIK 0002062017
Filing Metadata
- Form type
- 4
- Filed
- Nov 24, 7:00 PM ET
- Accepted
- Nov 25, 9:13 PM ET
- Size
- 13.8 KB