Xu Wei details fully vested option grants at 36Kr (NASDAQ: KRKR)
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
36Kr Holdings Inc. director Xu Wei reported existing holdings of employee share options linked to the company’s Class A ordinary shares. One option grant covers 500,000 underlying shares at an exercise price of $0.0001 per share and expires on September 7, 2029. A second grant covers 875,000 underlying shares at the same exercise price and expires on June 19, 2031. Footnotes state both grants are fully vested and exercisable as of this Form 3.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Xu Wei
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Share Option | -- | -- | -- |
| holding | Employee Share Option | -- | -- | -- |
Holdings After Transaction:
Employee Share Option — 500,000 shares (Direct)
Footnotes (1)
- These options were granted on September 7, 2019, with 50% vested immediately, 125,000 shares vested on December 19, 2019 and 125,000shares vested on December 19,2020. As of the date of this Form 3, these options are fully vested and exercisable. These options were granted on June 19, 2021, and vest in equal installments over a four-year period. As of the date of this Form 3, these options are fully vested and exercisable.
FAQ
What does Xu Wei’s Form 3 filing show for 36Kr (KRKR)?
The Form 3 shows director Xu Wei’s existing holdings of employee share options in 36Kr. These options relate to Class A ordinary shares and are already granted, fully vested, and exercisable, providing transparency into his initial derivative ownership position at the company.
What are the exercise prices and expirations of Xu Wei’s 36Kr options?
Both option grants carry an exercise price of $0.0001 per Class A ordinary share. One grant expires on September 7, 2029, while the other expires on June 19, 2031, defining the timeframes during which he may exercise these options.