Super Hi CFO reports 3.1M share awards stake
CFO Li Lu reports initial Form 3 holdings consisting of share awards over 3,096,650 underlying HDL ordinary shares with terms still to be set.
Rhea-AI Filing Summary
SUPER HI INTERNATIONAL HOLDING LTD. (HDL) reported the initial holdings of its chief financial officer, Li Lu, on a Form 3. Li Lu holds Share Awards that are currently tied to 3,096,650 underlying ordinary shares, expiring on June 23, 2032. The company states that the vesting conditions, exercise date and exercise price have not yet been determined for these awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Li Lu
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Awards F1 | -- | -- | -- |
Holdings After Transaction:
Share Awards — 3,096,650 contracts (Direct)
Footnotes (1)
- F1. The share awards were granted to the Reporting Person under the Company's Share Award Scheme. As of the date of this filing, the vesting conditions (including the date exercisable and the exercise price) have not yet been determined.
Key Figures
Underlying ordinary shares for Share Awards: 3,096,650 shares
Expiration date of Share Awards: June 23, 2032
Par value of ordinary shares: US$0.000005 per share
3 metrics
Underlying ordinary shares for Share Awards
3,096,650 shares
Underlying security shares associated with Li Lu’s reported Share Awards on Form 3
Expiration date of Share Awards
June 23, 2032
Expiration date of Li Lu’s Share Awards linked to HDL ordinary shares
Par value of ordinary shares
US$0.000005 per share
Par value of HDL ordinary shares underlying the Share Awards
Key Terms
Share Awards, underlying security, vesting conditions, exercise price
4 terms
underlying security financial
"underlying security title Ordinary shares, par value US$0.000005 per share"
vesting conditions financial
"the vesting conditions (including the date exercisable and the exercise price) have not yet been determined"
Vesting conditions are the rules that determine when someone earning company stock or stock options actually gains the right to keep or sell them, typically based on staying with the company for a set time or meeting performance targets. Think of it like keys that unlock gradually — some unlock by calendar date, others only after agreed milestones. Investors care because vesting shapes management incentives, the timing of share sales, and the number of shares that can enter the market, which can affect a company's valuation and ownership mix.
exercise price financial
"including the date exercisable and the exercise price have not yet been determined"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What insider position was reported for HDL on this Form 3?
The filing reports that HDL’s chief financial officer, Li Lu, holds Share Awards linked to 3,096,650 underlying ordinary shares of SUPER HI INTERNATIONAL HOLDING LTD.
What type of security does Li Lu hold in HDL?
Li Lu holds Share Awards, a derivative security tied to HDL’s ordinary shares, par value US$0.000005 per share, with 3,096,650 underlying shares reported as of this Form 3.
Are Li Lu’s HDL holdings direct or indirect?
The Form 3 reports Li Lu’s position as a direct holding of Share Awards tied to 3,096,650 underlying ordinary shares of SUPER HI INTERNATIONAL HOLDING LTD.
AI-generated analysis. How Rhea-AI works. Not financial advice.