Huize (HUIZ) Co-CFO discloses 7.6M share options and equity stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Huize Holding Ltd Co-Chief Financial Officer Ronald Tam filed an initial ownership report detailing his equity interests. He directly holds 320,000 Class A common shares. He also holds options over 4,200,000 Class A common shares at an exercise price of $0.0024 per share, expiring on April 22, 2034, with the remaining two of eight equal vesting installments scheduled on March 31, 2026 and June 30, 2026. Additional fully vested options cover 1,800,000 Class A common shares granted on March 14, 2023 and 1,280,000 Class A common shares granted on March 9, 2021, both at an exercise price of $0.0024 per share, expiring on March 14, 2033 and June 30, 2029, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Tam Ronald
Role
Co-Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Class A common shares | -- | -- | -- |
Holdings After Transaction:
Options — 4,200,000 shares (Direct);
Class A common shares — 320,000 shares (Direct)
Footnotes (1)
- The 4,200,000 options were granted to the reporting person on April 22, 2024, and are scheduled to vest in eight equal quarterly installments of 525,000 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 1,800,000 options were granted to the reporting person on March 14, 2023 and have been fully vested. The 1,280,000 options were granted to the reporting person on March 9, 2021 and have been fully vested.
FAQ
What does the Huize (HUIZ) Form 3 filing by Co-CFO Ronald Tam show?
The Form 3 shows Ronald Tam’s initial ownership in Huize, including 320,000 Class A common shares and several large option grants over Class A shares, providing a clear snapshot of his equity-based incentives and alignment with shareholders.
How are Ronald Tam’s 4,200,000 Huize (HUIZ) options scheduled to vest?
The 4,200,000 options vest in eight equal quarterly installments of 525,000 options over two years. Six installments have already vested, with the remaining two scheduled to vest on March 31, 2026 and June 30, 2026, respectively.
Are Ronald Tam’s 1,800,000 and 1,280,000 Huize (HUIZ) options fully vested?
Yes. The 1,800,000 options granted on March 14, 2023 and the 1,280,000 options granted on March 9, 2021 are both fully vested, giving him the right to exercise them at $0.0024 per share before their respective expiration dates.
What are the expiration dates of Ronald Tam’s Huize (HUIZ) options?
His option grants expire on June 30, 2029 for the 1,280,000 options, March 14, 2033 for the 1,800,000 options, and April 22, 2034 for the 4,200,000 options, defining the time window to exercise each grant.