Cloopen (RAASY) CPO/CTO Xiong Xiegang details RSUs, options and shares

Rhea-AI Filing Summary

Cloopen Group Holding Ltd’s CPO and CTO, Xiong Xiegang, filed an initial ownership report detailing his equity interests in the company. He reports 1,000,000 restricted share units, each representing one Class A ordinary share, granted on November 30, 2022, which have fully vested.

He also holds options over 1,000,000 Class A ordinary shares with an exercise price of $0.3800 per share, granted on January 29, 2024, which are fully vested. In addition, 1,210,750 Class A Ordinary Shares are held indirectly through Flawless Success Limited, which acts as a nominee for an employee trust holding shares for the benefit of grantees under the company’s share incentive plans.

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^*

Xiong Xiegang

(Last) (First) (Middle)

16/F, TOWER A, FAIRMONT TOWER,

33 GUANGSHUN NORTH MAIN ST, CHAOYANG

(Street)

BEIJING 100102

(City) (State) (Zip)

CHINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
02/08/2021

3. Issuer Name and Ticker or Trading Symbol
Cloopen Group Holding Ltd [ RAASY ]

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)

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

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)
Class A Ordinary Shares	1,210,750	I	See Footnote(1)

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
Restricted Share Units(2)	(2)	(2)	Class A ordinary shares	1,000,000	$0	D
Options(3)	(3)	(3)	Class A ordinary shares	1,000,000	$0.38	D

Explanation of Responses:

1. These Class A Ordinary Shares are held by Flawless Success Limited, which acts as a nominee for an employee trust holding shares for the benefit of grantees under the Issuer's share incentive plans.

2. Each restricted share unit represents one ordinary share. On November 30, 2022, Mr. Xiegang Xiong was granted 1,000,000 restricted share units. The restricted share units have all vested.

3. Each option represents one ordinary share. On January 29, 2024, Mr. Xiegang Xiong was granted 1,000,000 options. The options have all vested.

	/s/ Xiegang Xiong	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).
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* Form 3: SEC 1473 (03-26)