Smart Share Global president reports initial holdings
Smart Share Global Ltd president and director Xu Peifeng filed an initial ownership report showing his equity interests in the company.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Options (right to buy) | -- | -- | -- |
| Holding | Options (right to buy) | -- | -- | -- |
| Holding | Class B ordinary shares | -- | -- | -- |
| Holding | American depositary shares | -- | -- | -- |
Footnotes (4)
- F1. Shares held of record by Super June Limited, which is wholly owned by the reporting person.
- F2. Each American depositary share ("ADS") represents two Class A ordinary shares of the Issuer.
- F3. Represents options to purchase 850,000 Class A ordinary shares granted on August 23, 2021. The options vest as follows: 25% of the options vest on the first anniversary of the grant date, the remaining 75% of the options vest annually thereafter in three years with equal yearly installments.
- F4. Represents options to purchase 5,000,000 Class A ordinary shares granted on April 1, 2024. The options vest as follows: 50% of the options vest on the second anniversary of the grant date, the remaining 50% of the options vest annually thereafter in two years with equal yearly installments.
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