Cheche Group (CCG) CFO discloses 180,000 performance-based stock options

Rhea-AI Filing Summary

Cheche Group Inc. disclosed initial holdings for Chief Financial Officer Wenting Ji on a Form 3. The filing shows stock options to acquire 150,000 shares of Class A common stock at an exercise price of $0.10 per share, expiring on January 31, 2034, plus options for 30,000 shares at the same price expiring on March 31, 2035.

The 150,000-share grant, made on January 31, 2024, vests in equal annual installments over four years, with the first two installments already vested and exercisable. Remaining vesting is performance-based, with possible vesting levels of 0%, 50%, or 100%. The 30,000-share grant, made on March 31, 2025, vests in equal annual installments over two years, also subject to performance-based vesting percentages of 0%, 50%, and 100%, and becomes exercisable upon vesting.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

JI WENTING

(Last) (First) (Middle)

8/F, DESHENG HOPSON FORTUNE PLAZA, 13-1

DESHENGMENWAI AVENUE, XICHENG DISTRICT

(Street)

BEIJING F4 100088

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/16/2026

3. Issuer Name and Ticker or Trading Symbol
Cheche Group Inc. [ CCG ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	(1)	01/31/2034	Class A Common Stock	150,000(1)	$0.1	D
Stock Option	(2)	03/31/2035	Class A Common Stock	30,000(2)	$0.1	D

Explanation of Responses:

1. On January 31, 2024, pursuant to the 2023 Equity Incentive Plan, the Reporting Person was granted stock options to purchase a total of 150,000 shares of the Issuer's common stock. The options vest in equal annual installments over a four-year period, with the first vesting date on January 31, 2025. The first two vesting events have been fully vested and exercisable. Subsequent vesting will be performance-based, with vesting percentages of 0%, 50%, and 100%, respectively. These options become exercisable upon vesting. Any unvested portion of the options will be forfeited upon the Reporting Person's termination of service.

2. On March 31, 2025, pursuant to the 2023 Equity Incentive Plan, the Reporting Person was granted stock options to purchase a total of 30,000 shares of the Issuer's common stock. The options vest in equal annual installments over a two-year period, with the first vesting date on March 31, 2026. The vesting will be performance-based, with vesting percentages of 0%, 50%, and 100%, respectively. These options become exercisable upon vesting. Any unvested portion of the options will be forfeited upon the Reporting Person's termination of service.

	/s/ Wenting Ji	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider position does Cheche Group (CCG) report for Wenting Ji?

Cheche Group reports that Chief Financial Officer Wenting Ji holds stock options linked to 180,000 shares of Class A common stock. These consist of a 150,000-share grant from January 2024 and a 30,000-share grant from March 2025, both under the 2023 Equity Incentive Plan.

What are the key terms of Wenting Ji’s 150,000 Cheche Group (CCG) stock options?

The 150,000-share option grant has an exercise price of $0.10 per share and expires January 31, 2034. It vests in four equal annual installments starting January 31, 2025, with the first two installments already vested and exercisable, and remaining vesting tied to performance thresholds.

How do the performance-based vesting conditions work for Cheche Group (CCG) CFO options?

Both the 150,000-share and 30,000-share option grants vest based on performance, with potential vesting percentages of 0%, 50%, or 100% at each vesting event. Unvested options become exercisable only upon meeting performance conditions and are forfeited if the CFO’s service terminates.

When do Wenting Ji’s Cheche Group (CCG) option grants expire?

The larger 150,000-share stock option grant expires on January 31, 2034, while the 30,000-share grant expires on March 31, 2035. These expiration dates define the final dates by which vested options must be exercised before they lapse entirely.

What happens to unvested Cheche Group (CCG) options if the CFO leaves the company?

Any unvested portion of both the 150,000-share and 30,000-share option grants will be forfeited upon the CFO’s termination of service. Only options that have already vested and become exercisable would remain available for exercise after departure, subject to plan rules.

How does the 30,000-share Cheche Group (CCG) option grant vest?

The 30,000-share stock option grant vests in two equal annual installments under the 2023 Equity Incentive Plan, starting March 31, 2026. Each installment is subject to performance-based vesting thresholds of 0%, 50%, or 100%, and options only become exercisable once vesting conditions are satisfied.