SEC Form 4 · accession 0001140361-26-027484
Neutron Holdings, Inc. · LIME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zhoujia Bao
Director
Period of report
Mar 13, 2026
Accepted (ET)
Jul 2, 2026 · 6:50 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001699963
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 13, 2026 | D | 127,523 | — | D | 703,831 | D | |
| Common StockF3 | Jun 30, 2026 | C | 20,102 | — | A | 20,102 | I | By Bao Trust Dated Mar-10 2020 |
| Common StockF4 | Jul 1, 2026 | A | 5,627 | $0.00 | A | 709,458 | D | |
| Common Stock | Jul 2, 2026 | X | 1,616 | $6.72 | A | 21,718 | I | By Bao Trust Dated Mar-10 2020 |
| Common StockF5 | Jul 2, 2026 | F | 435 | $25.00 | D | 21,283 | I | By Bao Trust Dated Mar-10 2020 |
| Common StockF6 | Jul 2, 2026 | C | 32,798 | — | A | 742,256 | D | |
| Common Stock | Jul 2, 2026 | S | 73,397 | $25.00 | D | 668,859 | D | |
| Common Stock | holding | — | — | — | 130,952 | I | By Kailash Trust dated Aug-24-2025 | |
| Common Stock | holding | — | — | — | 59,375 | I | By Sky Bao 2019 Family Trust | |
| Common Stock | holding | — | — | — | 59,375 | I | By Snow Bao 2019 Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible NotesF3 | — | Jun 30, 2026 | C | — | D | — | — | Common Stock | 20,102 | 0 | I |
| Series A-1 Preferred StockF6 | — | Jul 2, 2026 | C | 32,798 | D | — | — | Common Stock | 32,798 | 0 | D |
| Stock Warrant (Right to Buy) | $6.72 | Jul 2, 2026 | X | 1,616 | D | Sep 2, 2020 | Jun 4, 2027 | Common Stock | 1,616 | 0 | I |
Explanation of responses
- F1This transaction occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Securities Exchange Act of 1934, as amended, in connection with the Issuer's initial public offering ("IPO"), and is reported herein pursuant to Rule 16a-2(a).
- F2On March 13, 2026, the Issuer repurchased 127,523 shares of the Reporting Person's Common Stock at the fair market value of the Issuer's Common Stock as of March 13, 2026 (for an aggregate purchase price of $4,876,106) as repayment for the Reporting Person's promissory note.
- F3On May 7, 2020, the Issuer issued to the Reporting Person's trust, Bao Trust Dated Mar-10 2020, a convertible note with a principal amount of approximately $270,628 (the "2020 Note"). The 2020 Note accrues non-compounding interest at a rate of 4.0% per annum and matures seven years following the date of issuance, unless earlier converted pursuant to its terms. At the execution of the underwriting agreement in connection with the IPO, the outstanding principal balance of the 2020 Note plus any accrued and unpaid interest automatically converted into shares of Common Stock at a ratio based on a conversion price equal to $340.0 million plus any consideration paid by the noteholder for the 2020 Note divided by the Issuer's fully-diluted capitalization on August 5, 2020.
- F4Represents an award of restricted stock units ("RSUs"), which vests on the earlier of (i) the one-year anniversary of the award's vesting commencement date and (ii) immediately before the Issuer's first annual meeting following the award's vesting commencement date, subject to the Reporting Person's continuous service to the Issuer.
- F5Represents the withholding of shares of Common Stock upon the exercise of the Stock Warrant; not an open market transaction.
- F6Each share of the Issuer's convertible preferred stock automatically converted into one share of Common Stock upon the closing of the Issuer's IPO.