High Templar Tech (HTT) director Li Yifan reports fully vested ESOP stock options

Rhea-AI Filing Summary

High Templar Tech Ltd director Li Yifan (Frank) filed an initial Form 3 reporting existing derivative holdings. He indirectly holds fully vested stock options through an ESOP covering 10,000 Class A ordinary shares exercisable at 0.0001 per share expiring on 2027-10-18, and 20,000 shares at the same price expiring on 2029-06-14.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Li Yifan (Frank)

(Last) (First) (Middle)

L'AVENUE, SUITE 2702A, 99 XIANXIA ROAD

(Street)

SHANGHAI 200051

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
High Templar Tech Ltd [ HTT ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (right to buy)	(1)	10/18/2027	Class A ordinary shares	10,000	$0.0001	I	By ESOP
Stock Options (right to buy)	(1)	06/14/2029	Class A ordinary shares	20,000	$0.0001	I	By ESOP

Explanation of Responses:

1. These options are fully vested.

Remarks:

Exhibit List - Exhibit 24 Power of Attorney

	/s/ Sissi ZHU as Attorney-in-Fact	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the High Templar Tech (HTT) Form 3 filing report for Li Yifan?

The Form 3 reports Li Yifan’s existing holdings of stock options in High Templar Tech. It lists fully vested options, held indirectly via an ESOP, over Class A ordinary shares with very low exercise prices and defined expiration dates.

How many shares are covered by Li Yifan’s reported stock options in HTT?

Li Yifan’s reported options cover a total of 30,000 Class A ordinary shares. One grant covers 10,000 shares and another covers 20,000 shares, both held indirectly through an ESOP as shown in the Form 3 filing details.

What are the exercise prices and expirations of Li Yifan’s HTT stock options?

Both blocks of options have an exercise price of 0.0001 per share. The 10,000-share grant expires on 2027-10-18, while the 20,000-share grant expires on 2029-06-14, according to the reported derivative holdings summary.

Are Li Yifan’s High Templar Tech options already vested according to the Form 3?

Yes, the footnote states that these stock options are fully vested. This means Li Yifan, via the ESOP structure, has the right to exercise the options for the underlying Class A ordinary shares at the stated exercise price before expiration.

Does the HTT Form 3 show any recent buying or selling by Li Yifan?

No, the Form 3 only records existing derivative holdings and indicates unknown transaction codes. It lists two option positions classified as holdings, with no buy or sell transactions and a neutral net buy/sell direction in the transaction summary.

How are Li Yifan’s HTT stock options held, direct or indirect?

The options are reported as indirectly held, with the nature of ownership noted as “By ESOP.” This indicates the positions are held through an employee stock ownership-related vehicle rather than directly in Li Yifan’s personal name, as shown in the ownership fields.