Liu Caofeng (AIJTY) discloses options, RSUs and ADS stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Jianpu Technology Inc. director and officer Liu Caofeng has filed an initial Form 3 disclosing his existing equity interests in the company. The filing lists multiple stock option grants over Class A ordinary shares with a $0.01 exercise price and expirations between 2031 and 2034, all described as fully vested in the company’s 2017 Share Incentive Plan.
The filing also reports several tranches of restricted share units over Class A ordinary shares, including awards of 93,760 RSUs that vest on December 31, 2026 and 93,760 RSUs that vest on January 31, 2027, plus a large 1,071,420-RSU grant scheduled to vest on April 1, 2026. In addition, Liu holds American depositary shares both directly and indirectly, including 195,317 ADSs and 11,377,901 Class A ordinary shares held through CFLIU Holdings Ltd. Each ADS represents twenty Class A ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
12 transactions reported
Mixed
12 txns
Insider
Liu Caofeng
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
Holdings After Transaction:
Options — 225,000 shares (Direct);
Restricted share units — 93,760 shares (Direct);
American depositary shares — 195,317 shares (Indirect, Held by CFLIU Holdings Ltd., a BVI company wholly owned by the reporting person);
American depositary shares — 19,065 shares (Direct);
Class A ordinary shares — 11,377,901 shares (Indirect, Held by CFLIU Holdings Ltd., a BVI company wholly owned by the reporting person)
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"). The 225,000 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. The 150,000 options were granted to the reporting person pursuant to the 2017 Plan on January 31, 2022, and have been fully vested. The 93,740 options were granted to the reporting person pursuant to the 2017 Plan on December 31, 2022, and have been fully vested. The 93,740 options were granted to the reporting person pursuant to the 2017 Plan on January 31, 2023, and have been fully vested. The 150,000 options were granted to the reporting person pursuant to the 2017 Plan on December 31, 2024, and have been fully vested. The 93,760 unvested restricted share units ("RSUs") were granted to the reporting person pursuant to the 2017 Plan on December 31, 2022, and will vest on December 31, 2026. The 93,760 unvested RSUs were granted to the reporting person pursuant to the 2017 Plan on January 31, 2023, and will vest on January 31, 2027. The 45,000 unvested RSUs were granted to the reporting person pursuant to the 2017 Plan on December 31, 2024 , and will vest in three equal annual installments of 15,000 RSUs each on December 31, 2026, December 31, 2027 and December 31, 2028, respectively. The 1,071,420 unvested RSUs were granted to the reporting person pursuant to the 2017 Plan on October 1, 2025, and will vest on April 1, 2026. Each RSU represents the contingent right to receive one (1) Class A ordinary shares of the Company upon vesting.
FAQ
What does Liu Caofeng’s Form 3 for Jianpu Technology (AIJTY) disclose?
The Form 3 discloses Liu Caofeng’s existing equity holdings in Jianpu Technology, including vested stock options, unvested restricted share units over Class A ordinary shares, and American depositary shares held both directly and through CFLIU Holdings Ltd., reflecting his current ownership position.
What indirect holdings in Jianpu Technology (AIJTY) are attributed to CFLIU Holdings Ltd.?
The filing states that CFLIU Holdings Ltd., a BVI company wholly owned by Liu Caofeng, holds 195,317 American depositary shares and 11,377,901 Class A ordinary shares of Jianpu Technology, which are reported as indirect ownership interests attributable to Liu in the Form 3.