Kanzhun director reports initial share and option stake
Kanzhun Ltd director Wang Xiehua has filed an initial ownership report showing a mix of common shares, options, and restricted share units tied to Class A ordinary shares.
Rhea-AI Filing Summary
Kanzhun Ltd director Wang Xiehua has filed an initial ownership report showing a mix of common shares, options, and restricted share units tied to Class A ordinary shares. Wang directly holds 484,600 Class A ordinary shares, which are held through American Depositary Shares, with each ADS representing two Class A ordinary shares.
The filing lists fully vested options to buy 250,000 and 32,130 Class A ordinary shares at an exercise price of $3.0807 per share, expiring on December 1, 2030 and February 27, 2030, respectively. It also shows two restricted share unit awards covering 150,000 and 1,504 Class A ordinary shares that were granted in March 2022 and June 2022 and vest in four equal annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Option (Right to Buy) | -- | -- | -- |
| holding | Option (Right to Buy) | -- | -- | -- |
| holding | Restricted Share Unit | -- | -- | -- |
| holding | Restricted Share Unit | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
Footnotes (5)
- F1. These Class A ordinary shares are held through American Depositary Shares ("ADS") of the issuer. Each ADS represents two Class A ordinary shares.
- F2. All options granted have been fully vested and are exercisable as of the date hereof.
- F3. This restricted share unit award was granted June 15, 2022, and vests in equal portions over four years on each anniversary of the grant date, subject to the terms and conditions of the underlying award agreement. The amount reported represents the outstanding restricted share units as of the date hereof.
- F4. Each restricted share unit represents a contingent right to receive one Class A ordinary share at settlement.
- F5. This restricted share unit award was granted March 15, 2022, and vests in equal portions over four years on each anniversary of the grant date, subject to the terms and conditions of the underlying award agreement. The amount reported represents the outstanding restricted share units as of the date hereof.
FAQ
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What does Kanzhun Ltd (BZ) director Wang Xiehua report owning in this Form 3?
How many options does Wang Xiehua hold in Kanzhun Ltd (BZ) and at what price?
AI-generated analysis. How Rhea-AI works. Not financial advice.