Home/Filings/4/0001225208-25-010147
4//SEC Filing

Kang Daniel 4

Accession 0001225208-25-010147

CIK 0001805526other

Filed

Dec 18, 7:00 PM ET

Accepted

Dec 19, 4:31 PM ET

Size

11.6 KB

Accession

0001225208-25-010147

Insider Transaction Report

Form 4
Period: 2025-12-17
Kang Daniel
Chief Strategy Officer
Transactions
  • Award

    Stock Option (Right to buy)

    2025-12-17+182,616182,616 total
    Exercise: $4.97From: 2026-01-17Exp: 2035-12-17Common Stock (182,616 underlying)
Holdings
  • Common Stock

    7,181
  • Common Stock

    (indirect: By LLC)
    46,852
  • Stock Option (Right to buy)

    Exercise: $3.91From: 2026-04-09Exp: 2035-04-09Common Stock (122,500 underlying)
    122,500
  • Stock Option (Right to buy)

    Exercise: $16.93From: 2026-09-19Exp: 2035-09-19Common Stock (57,500 underlying)
    57,500
  • Warrant (Right to buy)

    Exercise: $22.50From: 2025-11-16Exp: 2028-01-01Common Stock (4,983 underlying)
    4,983
Footnotes (3)
  • [F1]Mr. Kang is a member of Defi Dev LLC, a manager-managed limited liability company. The securities herein are voted by Parker White serving as manager of Defi Dev LLC.
  • [F2]The date shown is the first date exercisable. One forty-eighth (1/48th) of the total number of shares subject to the Option shall vest on the first date shown and on the same day of each month following the first vesting date, 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.
  • [F3]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

1 file

Issuer

DeFi Development Corp.

CIK 0001805526

Entity typeother

Related Parties

1
  • filerCIK 0002087925

Filing Metadata

Form type
4
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 4:31 PM ET
Size
11.6 KB