GoTo's Jacky Lo Acquires 190M Shares, See How Much It Costs Him
Jakarta. GoTo Gojek Tokopedia (GOTO) Director Wei-Jye Jacky Lo has purchased 190.9 million shares of the company which he said were acquired through the implementation of stock options. The price per share was a mere Rp 2, resulting in a transaction value of Rp 381.86 million ($26,000).
"The above price represents the price per share of the exercise window of the stock options owned by Wei-Jye Jacky Lo," he said in the public filing on Monday.
Prior to the transaction, he owned 312.85 million shares or 0.02 percent. After the transaction, his ownership grew to 503.79 million shares or 0.04 percent.
Jacky Lo said that as mentioned earlier during the IPO, GoTo Peopleverse Fund (GPF) as a key shareholder will offer the employee and consultant stock option program to employees, consultants, former employees, directors, and commissioners of the company.
Jacky Lo, as a member of the company's board of directors, is eligible for the program.
During the past week, GOTO stock managed to increase by 8.70 percent.
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