[Form 3/A] Huize Holding Ltd Amended Initial Statement of Beneficial Ownership
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Huize Holding Ltd vice president Luo Xuchun reports his current equity holdings, with no new buy or sell transactions. He directly holds 13,977,772 Class A common shares and 10,262 American depositary shares, plus 194,620 Class A shares held indirectly through Bodyguard Holding Limited.
He also holds several option grants over Class A common shares at an exercise price of $0.0024 per share, including 5,200,000 options vesting in eight quarterly installments through March 31, 2026 and June 30, 2026, and additional fully vested grants of 2,200,000, 1,600,000 and 802,803 options with expirations between 2029 and 2034.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Luo Xuchun
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Class A common shares | -- | -- | -- |
| holding | Class A common shares | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
Options — 5,200,000 shares (Direct);
Class A common shares — 13,977,772 shares (Direct);
Class A common shares — 194,620 shares (Indirect, By Bodyguard Holding Limited);
American depositary shares — 10,262 shares (Direct)
Footnotes (1)
- Each American depositary share represents one hundred (100) Class A common shares of Huize Holding Limited, with a par value of US$0.00001 per share. The 5,200,000 options were granted to the reporting person on April 22, 2024, and are scheduled to vest in eight equal quarterly installments of 650,000 options each over a two-year period. Six out of the eight installments have already vested, and the remaining two installments will vest on March 31, 2026 and June 30, 2026, respectively. The 2,200,000 options were granted to the reporting person on March 14, 2023 and have been fully vested. The 1,600,000 options were granted to the reporting person on September 8, 2021 and have been fully vested. The 802,803 options were granted to the reporting person on June 30, 2019 and have been fully vested.
Key Figures
Direct Class A shares: 13,977,772 shares
Indirect Class A shares: 194,620 shares
American depositary shares: 10,262 ADS
+5 more
8 metrics
Direct Class A shares
13,977,772 shares
Directly held Class A common shares as of the reported date
Indirect Class A shares
194,620 shares
Class A common shares held indirectly by Bodyguard Holding Limited
American depositary shares
10,262 ADS
Directly held ADS, each representing 100 Class A common shares
Large 2024 option grant
5,200,000 options
Options over Class A shares, vesting quarterly through March 31 and June 30, 2026
2023 option grant
2,200,000 options
Options over Class A shares granted March 14, 2023, fully vested
2021 option grant
1,600,000 options
Options over Class A shares granted September 8, 2021, fully vested
2019 option grant
802,803 options
Options over Class A shares granted June 30, 2019, fully vested
Option exercise price
$0.0024 per share
Exercise price for each disclosed option grant over Class A shares
Key Terms
American depositary share, Class A common shares, par value, vest, +1 more
5 terms
par value financial
"par value of US$0.00001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
vest financial
"are scheduled to vest in eight equal quarterly installments of 650,000 options"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
exercise price financial
"conversion_or_exercise_price": "0.0024""
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.
