Jianpu Technology (AIJTY) director details vested options and ADS stake
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Jianpu Technology Inc. director Liao Kuang-yu filed an amended initial ownership report listing stock option and ADS holdings. He holds options with an exercise price of $0.0100 per share over 60,000, 40,000, 50,000 and 50,000 Class A ordinary shares, expiring between December 31, 2031 and January 31, 2033. These options were granted under the company’s 2017 Share Incentive Plan, with portions already fully vested and the remaining tranches scheduled to vest on December 31, 2026 and January 31, 2027. He also directly holds 29,000 American depositary shares, with each ADS representing twenty Class A ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Liao Kuang-yu
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options (right to buy) | -- | -- | -- |
| holding | Options (right to buy) | -- | -- | -- |
| holding | Options (right to buy) | -- | -- | -- |
| holding | Options (right to buy) | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
Options (right to buy) — 60,000 shares (Direct);
American depositary shares — 29,000 shares (Direct)
Footnotes (1)
- Each American depositary share ("ADS") represents twenty (20) Class A ordinary shares, with a par value of US$0.0001 per share, of Jianpu Technology Inc. (the "Company"). These options were granted to the reporting person pursuant to the Company's 2017 Share Incentive Plan (the "2017 Plan") on December 31, 2021, and have been fully vested. These options were granted to the reporting person pursuant to the 2017 Plan on January 31, 2022, and have been fully vested. These options were granted to the reporting person pursuant to the 2017 Plan on December 31, 2022. Of these, 25,000 options have vested and the remaining 25,000 options will vest on December 31, 2026. Theses options were granted to the reporting person pursuant to the 2017 Plan on January 31, 2023. Of these, 25,000 options have vested and the remaining 25,000 options will vest on January 31, 2027.
Key Figures
Option strike price: $0.0100 per share
Options expiring 2031-12-31: 60,000 underlying shares
Options expiring 2032-01-31: 40,000 underlying shares
+4 more
7 metrics
Option strike price
$0.0100 per share
Exercise price for all disclosed options
Options expiring 2031-12-31
60,000 underlying shares
Class A ordinary shares under options, direct holding
Options expiring 2032-01-31
40,000 underlying shares
Class A ordinary shares under options, direct holding
Options expiring 2032-12-31
50,000 underlying shares
Class A ordinary shares under options, direct holding
Options expiring 2033-01-31
50,000 underlying shares
Class A ordinary shares under options, direct holding
ADS holdings
29,000 ADSs
Directly held American depositary shares
ADS share ratio
20 Class A shares per ADS
Each ADS represents twenty Class A ordinary shares
Key Terms
American depositary share, Class A ordinary shares, 2017 Share Incentive Plan, vested, +1 more
5 terms
vested financial
"Of these, 25,000 options have vested and the remaining 25,000 options will vest"
par value financial
"Class A ordinary shares, with a par value of US$0.0001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What insider holdings did Jianpu Technology (AIJTY) report for Liao Kuang-yu?
Jianpu director Liao Kuang-yu reported direct holdings of stock options and American depositary shares. The filing shows multiple option grants over Class A ordinary shares plus 29,000 ADSs, providing a detailed snapshot of his current equity-based stake in the company.
What are the key option grants disclosed for Jianpu Technology (AIJTY) director Liao Kuang-yu?
The filing lists options at a $0.0100 exercise price over 60,000, 40,000, 50,000 and 50,000 Class A ordinary shares. These grants were issued under Jianpu’s 2017 Share Incentive Plan and expire between December 31, 2031 and January 31, 2033, defining his long-term derivative exposure.
What vesting schedule applies to Jianpu Technology (AIJTY) options held by Liao Kuang-yu?
Some options granted in 2021 and 2022 are fully vested, while later grants vest in tranches. For certain 50,000-share option awards, 25,000 shares have vested and the remaining 25,000 will vest on December 31, 2026 and January 31, 2027, respectively.
Under which equity plan were Jianpu Technology (AIJTY) director options granted?
All the options disclosed were granted under Jianpu Technology’s 2017 Share Incentive Plan. Footnotes indicate specific grant dates in December 2021, January 2022, December 2022 and January 2023, along with vesting status and future vesting dates for remaining tranches.