Cheche Group (CCG) director reports 6,000 deferred restricted shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Cheche Group Inc. director Li Xiufang filed an initial ownership report showing holdings of 6,000 shares of restricted stock. These shares were granted under the 2023 Equity Incentive Plan on December 1, 2023, September 14, 2024, and September 14, 2025.
Vesting of all 6,000 restricted shares is deferred until Li is permitted to accept them under her university policy, and remains contingent on her continued service as a director through the applicable vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LI Xiufang
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock — 6,000 shares (Direct)
Footnotes (1)
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FAQ
What conditions apply to Li Xiufang’s restricted stock in Cheche Group Inc. (CCG)?
Vesting of Li Xiufang’s 6,000 restricted shares is deferred and will occur only when she is allowed to accept the shares under her university policy. Vesting also requires her continued service as a director through each vesting date.
Is Li Xiufang’s restricted stock in CCG fully vested now?
No, Li Xiufang’s restricted shares are not yet fully vested. Vesting is deferred until she may accept shares under university policy and depends on her continued service as a director through the relevant vesting dates.
What plan governs Li Xiufang’s equity grants in Cheche Group Inc. (CCG)?
Li Xiufang’s 6,000 restricted shares were granted under Cheche Group Inc.’s 2023 Equity Incentive Plan. This plan provides for director equity awards, with vesting subject to service requirements and, in her case, additional university policy constraints.