Alibaba (BABA) General Counsel Yu Siying details share and RSU holdings in Form 3
Rhea-AI Filing Summary
Alibaba Group Holding Ltd General Counsel Yu Siying filed an initial ownership report showing her equity stake in the company. The filing lists direct holdings of 574,365 ordinary shares and an additional 3,809,664 ordinary shares held indirectly by a trust.
The report also details several unvested restricted share unit (RSU) awards. These RSUs relate to underlying ordinary shares in amounts of 25,336, 11,200, 42,672, 56,672, and 56,000 shares, vesting over multi-year schedules starting between Apr 1, 2021 and Jul 1, 2025 under their respective award agreements.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Yu Siying
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Shares Units | -- | -- | -- |
| holding | Restricted Shares Units | -- | -- | -- |
| holding | Restricted Shares Units | -- | -- | -- |
| holding | Restricted Shares Units | -- | -- | -- |
| holding | Restricted Shares Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Shares Units — 191,880 shares (Direct);
Ordinary Shares — 574,365 shares (Direct);
Ordinary Shares — 3,809,664 shares (Indirect, By trust)
Footnotes (7)
- F1. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of American Depository Shares ("ADSs") that vests in six equal annual installments beginning on Apr 1, 2021, subject to the terms and conditions of the underlying award agreement.
- F2. 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.
- F3. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ADSs that vests in six equal annual installments beginning on Apr 1, 2022, subject to the terms and conditions of the underlying award agreement.
- F4. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ADSs that vests in six equal annual installments beginning on Apr 1, 2024, subject to the terms and conditions of the underlying award agreement.
- F5. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ADSs that vests in twenty-four equal quarterly installments beginning on Jul 1, 2024, subject to the terms and conditions of the underlying award agreement.
- F6. 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 on beginning on Jul 1, 2025, subject to the terms and conditions of the underlying award agreement.
- F7. Each restricted share unit represents a contingent right to receive one ordinary share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Alibaba (BABA) General Counsel Yu Siying report on this Form 3?
Yu Siying reports her initial ownership in Alibaba, including direct and indirect ordinary share holdings and multiple unvested RSU awards. The filing establishes her starting equity position as an officer, detailing both current shares and contingent rights to receive additional shares over time.
What Alibaba (BABA) RSU awards are disclosed for Yu Siying?
Several unvested restricted share unit awards are disclosed, tied to 25,336, 11,200, 42,672, 56,672, and 56,000 underlying ordinary shares. These RSUs vest in equal installments over annual or quarterly schedules, beginning between Apr 1, 2021 and Jul 1, 2025, subject to award terms.
How are Alibaba (BABA) ADS-based RSUs described in Yu Siying’s filing?
Certain RSUs are granted in the form of ADSs, with each RSU representing a right to receive one ADS, and each ADS representing eight ordinary shares. The filing also notes that these awards vest in scheduled installments under the applicable award agreements and conditions.
Does this Alibaba (BABA) Form 3 show any buy or sell transactions by Yu Siying?
No buy or sell transactions are indicated. The entries are categorized as holdings, reflecting existing direct and indirect ordinary share positions and unvested RSU awards. The filing functions as an initial snapshot of ownership rather than a record of recent market trades.
How do the Alibaba (BABA) RSUs for Yu Siying vest over time?
Vesting occurs in equal installments, either annually or quarterly, starting on Apr 1, 2021, Apr 1, 2022, Apr 1, 2024, Jul 1, 2024, and Jul 1, 2025. Each schedule is governed by the specific RSU award agreement and its terms and conditions.