Lu Jiayan (AIJTY) details large Jianpu Technology stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Jianpu Technology Inc. director and ten percent owner Lu Jiayan has filed an initial statement of beneficial ownership. The filing lists direct holdings of 519,299 American depositary shares and various option and restricted share unit awards over Class A ordinary shares with a $0.01 exercise price for the options.
Indirectly, Lu holds 267,187 American depositary shares and 28,738,439 Class A ordinary shares through JYLu Holdings Ltd., a BVI company wholly owned by Lu. Each American depositary share represents 20 Class A ordinary shares. Several option grants are fully vested, while two blocks of 37,500 RSUs each are scheduled to vest in 2026 and 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Lu Jiayan
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| 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 — 37,500 shares (Direct);
American depositary shares — 267,187 shares (Indirect, Held by JYLu Holdings Ltd., a BVI company wholly owned by the reporting person);
American depositary shares — 519,299 shares (Direct);
Class A ordinary shares — 28,738,439 shares (Indirect, Held by JYLu 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 37,500 options were granted to the reporting person pursuant to the 2017 Plan on December 31, 2022, and have been fully vested. The 37,500 options were granted to the reporting person pursuant to the 2017 Plan on January 31, 2023, and have been fully vested. The 37,500 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 37,500 unvested RSUs were granted to the reporting person pursuant to the 2017 Plan on January 31, 2023, and will vest on January 31, 2027. Each RSU represents the contingent right to receive one (1) Class A ordinary shares of the Company upon vesting.
FAQ
What does Lu Jiayan report owning in Jianpu Technology Inc. (AIJTY)?
Lu Jiayan reports substantial holdings in Jianpu Technology, including direct and indirect positions. The filing lists American depositary shares, Class A ordinary shares, stock options, and restricted share units, reflecting both current ownership and future equity that may be received upon vesting or exercise.
What is the size and pricing of Lu Jiayan’s option awards in Jianpu Technology?
Lu Jiayan holds several option awards over Class A ordinary shares totaling 225,000, 150,000, 37,500 and 37,500 underlying shares. All have an exercise price of $0.01 per share and are described as fully vested, providing low-cost rights to acquire additional equity when exercised.
How are Lu Jiayan’s indirect holdings in Jianpu Technology structured?
Lu Jiayan’s indirect holdings are reported as being held by JYLu Holdings Ltd., a BVI company wholly owned by Lu. Through this entity, Lu holds 267,187 American depositary shares and 28,738,439 Class A ordinary shares, consolidating a large indirect stake in Jianpu Technology Inc.