iHuman (NYSE: IH) CFO details option awards and ADS holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
iHuman Inc. director and Chief Financial Officer Wang Weiwei filed an initial ownership report listing existing equity awards and holdings. The filing shows stock options over 2,200,000 and 520,000 underlying Class A ordinary shares at an exercise price of $0.0500 per share, plus 200,000 American Depositary Shares held indirectly through the issuer's ESOP platform. Footnotes explain that each ADS represents five Class A ordinary shares and that one option grant from December 15, 2022 vests over four years through December 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Wang Weiwei
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | American Depositary Shares | -- | -- | -- |
Holdings After Transaction:
Options — 2,200,000 shares (Direct);
American Depositary Shares — 200,000 shares (Indirect, By the issuer's ESOP platform)
Footnotes (1)
- Each American Depositary Share represents five Class A ordinary shares. These options were granted on December 15, 2022 and vest over a four-year period, with 25% of the options vesting on December 15, 2022, 25% on December 15, 2023, 25% on December 15, 2024, 16.7% on December 15, 2025, and the remaining 8.3% on December 15, 2026.
FAQ
What does iHuman (IH) CFO Wang Weiwei report in this Form 3?
Wang Weiwei reports existing equity holdings, mainly stock options and American Depositary Shares. The filing lists options tied to Class A ordinary shares and ADS held indirectly through the company’s ESOP platform, establishing his baseline ownership as a director and Chief Financial Officer.
How many iHuman (IH) options does Wang Weiwei hold and at what price?
He holds options linked to 2,200,000 and 520,000 Class A ordinary shares, each with a $0.0500 exercise price. These options give the right, but not the obligation, to acquire shares at that fixed price before their respective expiration dates in 2030 and 2032.
How do Wang Weiwei’s iHuman (IH) options vest over time?
One option grant dated December 15, 2022 vests over four years. According to the footnote, 25% vested on December 15, 2022, 25% on December 15, 2023, 25% on December 15, 2024, 16.7% on December 15, 2025, and the remaining 8.3% on December 15, 2026.
What are the expiration dates of Wang Weiwei’s iHuman (IH) option grants?
The reported option positions expire on September 8, 2030 and December 15, 2032. These dates mark the last days on which the options can be exercised at the specified $0.0500 exercise price for the underlying Class A ordinary shares described in the filing.