Smart Share Global (NASDAQ: EM) president discloses equity stakes
Rhea-AI Filing Summary
Smart Share Global Ltd president and director Xu Peifeng filed an initial ownership report showing his equity interests in the company. He holds options to buy 850,000 Class A ordinary shares at an exercise price of $0.01 per share expiring on August 23, 2031, and options over 5,000,000 Class A ordinary shares at $0.01 per share expiring on April 1, 2034. The 850,000-share grant vests 25% on the first anniversary of the August 23, 2021 grant date, with the remaining 75% vesting in equal annual installments over three years. The 5,000,000-share grant vests 50% on the second anniversary of the April 1, 2024 grant date, with the remaining 50% vesting in equal annual installments over the following two years. Indirectly, through Super June Limited, which is wholly owned by Xu, he holds 27,397,000 Class B ordinary shares and 1,500,000 American depositary shares, with each ADS representing two Class A ordinary shares.
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FAQ
What does Xu Peifeng’s Form 3 for Smart Share Global (EM) show?
How many stock options does Xu Peifeng hold in Smart Share Global (EM)?
What are the vesting terms of Xu Peifeng’s options in Smart Share Global (EM)?
What indirect holdings in Smart Share Global (EM) are reported through Super June Limited?
How many Smart Share Global (EM) ADS does Xu Peifeng indirectly own and what do they represent?
What does each American depositary share (ADS) of Smart Share Global (EM) represent?