Cheche Group Inc. (CCG) CTO discloses 1.64M shares plus stock options in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Cheche Group Inc. filed an initial ownership report for Chief Technology Officer Zhou Jianxiang. The filing shows direct holdings of 1,640,350 shares of Class A common stock and 1,093,567 shares of restricted stock granted on January 1, 2023 under the 2019 Equity Incentive Plan.
Zhou also holds stock options to purchase 3,000 shares of Class A common stock at an exercise price of $0.10 per share expiring on March 1, 2034, and another 3,000 shares at $0.10 per share expiring on March 31, 2035. These options were fully vested upon grant and become exercisable in 30%, 30%, and 40% installments over 30 months from their respective grant dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Zhou Jianxiang
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Restricted Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option — 3,000 shares (Direct);
Class A Common Stock — 1,640,350 shares (Direct);
Restricted Stock — 1,093,567 shares (Direct)
Footnotes (1)
- Represents the grant of restricted stock to the Reporting Person on January 1, 2023, under the Issuer's 2019 Equity Incentive Plan. All of the restricted stock was fully vested upon grant, but was subject to time-based transfer restrictions. Such restrictions will lapse, and the shares will become transferable upon the date that is 30 months following the Company's initial public offering date ("IPO" date). On March 1, 2024, pursuant to the 2019 Equity Incentive Plan, the Reporting Person was granted stock options to purchase an aggregate of 3,000 shares of the Issuer's common stock. All of the options were fully vested upon grant. The options are exercisable in installments of 30%, 30%, and 40% upon the dates that are six months, eighteen months, and thirty months, respectively, following the grant date. On March 31, 2025, pursuant to the 2019 Equity Incentive Plan, the Reporting Person was granted stock options to purchase an aggregate of 3,000 shares of the Issuer's common stock. All of the options were fully vested upon grant. The options become exercisable in installments of 30%, 30%, and 40% upon the dates that are six months, eighteen months, and thirty months, respectively, following the grant date.
FAQ
What does Zhou Jianxiang’s Form 3 filing show for Cheche Group Inc. (CCG)?
The Form 3 shows initial ownership for CTO Zhou Jianxiang at Cheche Group Inc. It discloses direct holdings of Class A common stock, restricted stock, and vested stock options granted under the 2019 Equity Incentive Plan.
What restricted stock position is reported for Zhou Jianxiang in CCG?
The filing reports 1,093,567 shares of restricted stock granted on January 1, 2023. These shares were fully vested upon grant but are subject to transfer restrictions that lapse 30 months after the company’s initial public offering date.
What stock options does Zhou Jianxiang hold in Cheche Group Inc. (CCG)?
Zhou holds two stock option grants, each covering 3,000 shares of Class A common stock at an exercise price of $0.10 per share. They expire on March 1, 2034 and March 31, 2035, with exercisability in 30%, 30%, and 40% installments.
Are Zhou Jianxiang’s Cheche (CCG) stock options vested and exercisable?
The options were fully vested upon grant under the 2019 Equity Incentive Plan. However, each grant becomes exercisable in 30%, 30%, and 40% installments at six, eighteen, and thirty months, respectively, following its grant date, according to the footnotes.
Does the Cheche Group Inc. (CCG) Form 3 show any insider buying or selling?
The Form 3 records holdings only and no buy or sell transactions. It lists existing common shares, restricted stock, and stock options, serving as an initial ownership snapshot rather than reporting new market trades.