Grab (GRAB) CEO Anthony Tan details large Class B and equity awards
Rhea-AI Filing Summary
Grab Holdings Ltd director and CEO Anthony Tan has filed an initial ownership report detailing a substantial equity stake in the company. He directly holds Class B Ordinary Shares convertible into 77,425,133 Class A Ordinary Shares, and indirectly holds Class B Ordinary Shares convertible into 19,492,330 Class A Ordinary Shares through Hibiscus Worldwide Ltd.
He also has equity awards tied to future service and performance. These include Restricted Stock Awards over 2,460,000 and 3,353,658 Class B Ordinary Shares, and Restricted Stock Units over 1,193,649 Class B Ordinary Shares, all subject to service-based vesting starting on March 1, 2027. In addition, he holds stock options over 6,198,347 Class B Ordinary Shares at an exercise price of 4.5900 per share expiring on March 8, 2036, plus 25,193 Class A Ordinary Shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Class B Ordinary Shares | -- | -- | -- |
| holding | Restricted Stock Award | -- | -- | -- |
| holding | Restricted Stock Award | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Each Class B Ordinary Share is convertible into one Class A Ordinary Share at the option of the holder and has no expiration date. The Restricted Stock Awards ("RSAs") will vest equally on March 1, 2027 and March 1, 2028, subject to the satisfaction of certain service-based conditions. Each RSA represents a contingent right to receive one Class B Ordinary Share. The RSAs will vest equally on March 1, 2027, March 1, 2028 and March 1, 2029, subject to the satisfaction of certain service-based conditions. The Restricted Stock Units ("RSUs") will vest fully on March 1, 2027, subject to the satisfaction of certain service-based conditions. Each RSU represents a contingent right to receive one Class B Ordinary Share. Consists of performance-based options granted to the reporting person, which will vest from 0% to 100% subject to the satisfaction of certain share-price performance conditions.
