Alibaba (NYSE: BABA) CEO Wu Yongming reports major share and option awards
Rhea-AI Filing Summary
Alibaba Group Holding Ltd director and Chief Executive Officer Wu Yongming filed an initial Form 3 detailing his existing equity interests in the company. He reports direct ownership of 959,752 Ordinary Shares, plus indirect holdings of 108,000 Ordinary Shares held by his spouse and 12,320,000 Ordinary Shares held by a trust.
Wu also holds restricted share units that can convert into 960,000 and 280,000 Ordinary Shares under long-term vesting schedules. In addition, he has option awards over 16,000,000 Ordinary Shares tied to ADSs with an exercise price of US$78.37 per ADS expiring on November 25, 2033, and options over 12,000,000 and 12,000,000 Ordinary Shares with exercise prices of HK$116.70 (approximately US$14.96) and HK$152.69 (approximately US$19.58) per share, expiring on November 26, 2035. This filing records his current share, RSU and option positions rather than new market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Shares Units | -- | -- | -- |
| holding | Restricted Shares Units | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Reflects the outstanding unvested portion of a restricted share unit award granted in the form of American Depository Shares ("ADSs") that vests in five equal annual installments beginning on Sep 10, 2024, subject to the terms and conditions of the underlying award agreement. Each restricted share unit represents a contingent right to receive one ADS. Each ADS represents 8 ordinary shares. This amount represents the ordinary shares underlying the ADSs in this award. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ordinary shares that vests in twenty-four equal quarterly installments beginning on Jul 1, 2025, subject to the terms and conditions of the underlying award agreement. Each restricted share unit represents a contingent right to receive one ordinary share. Reflects an option award granted in the form of ADSs that vests in five equal annual installments beginning Sep 10, 2024, subject to the terms and conditions of the underlying award agreement. This amount represents the ordinary shares underlying the ADSs in this award. The exercise price of this option US$78.37 per ADS. Reflects an option award granted in the form of ordinary shares that vests in three equal annual installments beginning on Nov 26, 2026, subject to the terms and conditions of the underlying award agreement. The exercise price of this option is HK$116.70 per share. The exercise price reported herein was converted from Hong Kong dollars to United States dollars at a conversion price of HK$116.70 to US$14.96. Reflects an option award granted in the form of ordinary shares that vests in three equal annual installments beginning on Nov 26, 2029, subject to the terms and conditions of the underlying award agreement. The exercise price of this option is HK$152.69 per share. The exercise price reported herein was converted from Hong Kong dollars to United States dollars at a conversion price of HK$152.69 to US$19.58.
