iQIYI SVP Yang Xianghua reports option holdings
iQIYI, Inc. senior vice president Yang Xianghua has filed an initial statement of beneficial ownership.
Rhea-AI Filing Summary
iQIYI, Inc. senior vice president Yang Xianghua has filed an initial statement of beneficial ownership. The filing lists multiple option grants to buy Class A ordinary shares at exercise prices of 0.5119 or 0.0000, with expiration dates ranging from 2026 through 2035, many of which are fully vested or vest over four years.
Yang also reports indirect ownership of 1,540,613 Class A ordinary shares through JZI Siblings Inc. According to the disclosure, 1,389,969 Class A ordinary shares are held in the form of American depositary shares, each representing seven Class A ordinary shares, with the remainder held as ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
14 transactions reported
Mixed
14 txns
Insider
Yang Xianghua
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Option (right to buy) | -- | -- | -- |
| holding | Class A ordinary share | -- | -- | -- |
Holdings After Transaction:
Option (right to buy) — 31,664,120 contracts (Direct);
Class A ordinary share — 1,540,613 shares (Indirect, By JZI Siblings Inc.)
Footnotes (14)
- F1. 1,389,969 Class A ordinary shares are held in the form of American depositary shares, each representing seven Class A ordinary shares; the rest are in the form of Class A ordinary shares.
- F2. The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 08/05/2016, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.
- F3. The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 02/14/2017, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.
- F4. The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 02/28/2018, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.
- F5. The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 06/22/2019, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.
- F6. The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 04/01/2020, and the remaining 75% vested in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.
- F7. The options have fully vested over a four-year period, with 25% vested on the 1st anniversary of 03/11/2022, and the remaining 75% vesting in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.
- F8. The options vest over a four-year period, with 25% vested on the 1st anniversary of 06/03/2023, and the remaining 75% vesting in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.
- F9. The options vest over a four-year period, with 25% vested on the 1st anniversary of 04/29/2024, and the remaining 75% vesting in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.
- F10. The options vest over a four-year period, with 25% vesting on the 1st anniversary of 04/12/2025, and the remaining 75% vesting in 12 equal quarterly installments beginning one calendar quarter after the date of the aforesaid anniversary.
- F11. The options vest over a four-year period, with 25% vesting on each of the 1st, 2nd, 3rd and 4th anniversary of 03/11/2022.
- F12. The options vest over a four-year period, with 25% vesting on each of the 1st, 2nd, 3rd and 4th anniversary of 06/03/2023.
- F13. The options vest over a four-year period, with 25% vesting on each of the 1st, 2nd, 3rd and 4th anniversary of 04/29/2024.
- F14. The options vest over a four-year period, with 25% vesting on each of the 1st, 2nd, 3rd and 4th anniversary of 04/12/2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Yang Xianghua’s Form 3 filing for iQIYI (IQ) disclose?
The Form 3 shows Yang Xianghua’s initial ownership in iQIYI, including numerous option grants on Class A ordinary shares with expirations from 2026 to 2035, plus 1,540,613 Class A ordinary shares held indirectly through JZI Siblings Inc.
What option grants are reported for Yang Xianghua in the iQIYI (IQ) Form 3?
The filing reports multiple option grants to buy iQIYI Class A ordinary shares, with exercise prices of 0.5119 or 0.0000 and expiration dates spanning 2026 to 2035. These options represent millions of underlying shares with various vesting schedules described in the footnotes.
How do Yang Xianghua’s iQIYI options vest according to the Form 3 footnotes?
The options generally vest over four years. Some grants vest 25% on the first anniversary of the grant date with the remaining 75% in 12 equal quarterly installments, while others vest 25% on each of the first, second, third and fourth anniversaries of the grant date.
Are Yang Xianghua’s iQIYI option grants already vested or still vesting?
Several option grants are described as fully vested over four years, having completed their vesting schedules. Newer grants are still vesting, with 25% already vested after one year and the remaining 75% scheduled in quarterly or annual installments over the subsequent three years.
What is the exercise price range of Yang Xianghua’s iQIYI options on Form 3?
The disclosed option grants carry exercise prices of either 0.5119 or 0.0000 per Class A ordinary share. These options cover different grant programs, with some earlier awards at 0.5119 and later awards at 0.0000, each tied to specified expiration dates and vesting schedules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
