Huize CFO lists options, ADS and share holdings
Huize Holding Ltd’s Co-Chief Financial Officer, Xiao Minghan, filed an amended initial ownership report detailing current equity holdings.
Rhea-AI Filing Summary
Huize Holding Ltd’s Co-Chief Financial Officer, Xiao Minghan, filed an amended initial ownership report detailing current equity holdings. The filing shows options over 5,200,000 Class A common shares at an exercise price of $0.0024 per share, with installments vesting through March 31, 2026 and June 30, 2026. It also lists fully vested options over 2,200,000, 1,600,000, and 842,101 Class A common shares, granted between 2019 and 2023. In addition, 3,535,613 Class A common shares are held indirectly through Bodyguard Holding Limited, and 10,800 American depositary shares are held directly, each ADS representing 100 Class A common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Xiao Minghan
Role
Co-Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Class A common shares | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
Options — 9,842,101 contracts (Direct);
Class A common shares — 3,535,613 shares (Indirect, By Bodyguard Holding Limited);
American depositary shares — 10,800 shares (Direct)
Footnotes (5)
- F1. 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.
- F2. 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.
- F3. The 2,200,000 options were granted to the reporting person on March 14, 2023 and have been fully vested.
- F4. The 1,600,000 options were granted to the reporting person on September 8, 2021 and have been fully vested.
- F5. The 842,101 options were granted to the reporting person on June 30, 2019 and have been fully vested.
Key Figures
2024 option grant: 5,200,000 underlying shares at $0.0024
2023 option grant: 2,200,000 underlying shares at $0.0024
2021 option grant: 1,600,000 underlying shares at $0.0024
+3 more
6 metrics
2024 option grant
5,200,000 underlying shares at $0.0024
Options over Class A common shares, vesting through June 30, 2026
2023 option grant
2,200,000 underlying shares at $0.0024
Options over Class A common shares, fully vested
2021 option grant
1,600,000 underlying shares at $0.0024
Options over Class A common shares, fully vested
2019 option grant
842,101 underlying shares at $0.0024
Options over Class A common shares, fully vested
Indirect Class A shares
3,535,613 shares
Held indirectly through Bodyguard Holding Limited
American depositary shares
10,800 ADS
Each ADS represents 100 Class A common shares
Key Terms
American depositary shares, Class A common shares, options, vest, +1 more
5 terms
options financial
"The 5,200,000 options were granted to the reporting person on April 22, 2024"
Options are contracts that give investors the right to buy or sell an asset at a specific price within a certain time frame. They function like a reservation or a ticket that allows for potential profit or protection against price changes, making them useful tools for managing investment risks or speculating on market movements.
vest financial
"are scheduled to vest in eight equal quarterly installments of 650,000 options each over a two-year period"
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.
fully vested financial
"The 2,200,000 options were granted to the reporting person on March 14, 2023 and have been fully vested"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Huize Holding Ltd (HUIZ) Form 3/A filing show for Xiao Minghan?
The Form 3/A shows Co‑Chief Financial Officer Xiao Minghan’s current equity holdings, including multiple option grants over Class A common shares and direct and indirect share positions, rather than any new buy or sell transactions.
How many Huize (HUIZ) options does Xiao Minghan hold according to the Form 3/A?
The filing lists options over 5,200,000 Class A common shares vesting in installments, plus fully vested options over 2,200,000, 1,600,000, and 842,101 Class A common shares, all with an exercise price of $0.0024 per share.
What are the vesting details of the 5,200,000 Huize (HUIZ) options in the Form 3/A?
The 5,200,000 options were granted on April 22, 2024 and vest in eight equal quarterly installments of 650,000 options each over two years, with the final two installments scheduled for March 31, 2026 and June 30, 2026.
What indirect holdings are reported for Huize (HUIZ) in the Form 3/A?
The Form 3/A reports that 3,535,613 Class A common shares are held indirectly through Bodyguard Holding Limited, indicating these shares are owned via that entity rather than directly by the individual.
What is the exercise price of the Huize (HUIZ) options in the Form 3/A?
All four option grants disclosed carry an exercise price of $0.0024 per underlying Class A common share, covering grants made in 2019, 2021, 2023, and 2024 with varying vesting schedules and expiration dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
