No, these are 2 different things. He had bought some protective puts that would have set a floor price for selling ADRs. If the price had actually fallen below the strike level for the puts, I doubt he would have actually sold the shares/ADRs. Probably would have just sold the puts to someone else who could have then exercised them. But it looks like the puts expired without the ADR price ever falling below the strike level. So they expired worthless. Like so many of my call options have done.
Completely separate from that, this is reporting his on market purchase of ADRs.
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