Chagee Holdings (CHA) VP Lu Mian reports Form 3 share and option stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Chagee Holdings Ltd. vice president Lu Mian filed an initial ownership report showing a mix of direct option awards and indirect share holdings. He holds employee stock options over 125,667 Class A Ordinary Shares that vest in tranches from March 1, 2025 through March 1, 2028, with very low exercise prices disclosed in the footnotes. Additional option grants cover 94,885 and 30,421 Class A Ordinary Shares. Indirectly, 1,199,981 Class A Ordinary Shares are held through TeaNexus Limited, a British Virgin Islands company wholly owned by him.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Lu Mian
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Options (Right to buy) | -- | -- | -- |
| holding | Employee Stock Options (Right to buy) | -- | -- | -- |
| holding | Employee Stock Options (Right to buy) | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Employee Stock Options (Right to buy) — 125,667 shares (Direct);
Class A Ordinary Shares — 1,199,981 shares (Indirect, By TeaNexus Limited)
Footnotes (1)
- TeaNexus Limited, a company organized and existing under the laws of British Virgin Islands, is wholly owned by Mr. Mian Lu. Represents an option to purchase 125,667 Class A Ordinary Shares, 31,416 Class A Ordinary Shares subject to the option vested on March 1, 2025 and with 31,417 Class A Ordinary Shares subject to the option vesting on March 1, 2026, March 1, 2027, and March 1, 2028, respectively. The option exercise price is US$0.0000015 per Class A Ordinary Share. The option exercise price is US$0.0000046 per Class A Ordinary Share.
FAQ
What does Lu Mian’s Form 3 filing for Chagee Holdings (CHA) show?
The Form 3 shows vice president Lu Mian’s initial ownership in Chagee Holdings, including several employee stock option grants and a large block of Class A Ordinary Shares held indirectly through TeaNexus Limited, which he wholly owns.
What stock options in Chagee Holdings (CHA) are reported for Lu Mian?
The filing reports employee stock options over 125,667 Class A Ordinary Shares plus additional grants over 94,885 and 30,421 shares. These options give him the right to purchase Class A Ordinary Shares under the company’s equity incentive arrangements.
What exercise prices are disclosed for Lu Mian’s Chagee Holdings (CHA) options?
Footnotes state option exercise prices of US$0.0000015 and US$0.0000046 per Class A Ordinary Share for certain grants. These very low exercise prices mean the options can be exercised for a minimal cash cost relative to the share value.
Are there buy or sell transactions in Lu Mian’s Chagee Holdings (CHA) Form 3?
The Form 3 is an initial ownership report listing existing holdings rather than new market trades. Entries are categorized as holdings, and the transaction summary shows no recorded buys or sells, only reported positions in shares and stock options.