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Cloopen Group (RAASY) director Yuan Pengfei details RSU and share holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Cloopen Group Holding Ltd director Yuan Pengfei has reported his initial equity holdings. The filing shows 400,000 restricted share units, each representing one Class A ordinary share, all of which have vested. These units were granted on April 1, 2024.

The filing also reports 245,000 Class A ordinary shares held indirectly through Flawless Wisdom Limited, which acts as a nominee for an employee trust benefiting grantees under the company’s share incentive plans.

Positive

  • None.

Negative

  • None.
SEC Form 3
FORM 3UNITED 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
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Yuan Pengfei

(Last)(First)(Middle)
16/F, TOWER A, FAIRMONT TOWER,
33 GUANGSHUN NORTH MAIN ST, CHAOYANG

(Street)
BEIJING100102

(City)(State)(Zip)

CHINA

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
11/30/2023
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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 Shares245,000ISee 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 ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units(2) (2) (2)Class A ordinary shares400,000$0D
Explanation of Responses:
1. These Class A Ordinary Shares are held by Flawless Wisdom 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 April 1, 2024, Mr. Pengfei Yuan was granted 400,000 restricted share units. The restricted share units have all vested.
/s/ Pengfei Yuan03/18/2026
** Signature of Reporting PersonDate
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 insider holdings does Cloopen Group (RAASY) report for Yuan Pengfei?

The filing reports 400,000 vested restricted share units and 245,000 Class A ordinary shares held indirectly through Flawless Wisdom Limited. Together, these positions reflect Yuan Pengfei’s reported beneficial interests tied to Cloopen Group’s equity as of the reported dates.

How many restricted share units does Yuan Pengfei hold in Cloopen Group (RAASY)?

Yuan Pengfei holds 400,000 restricted share units, each representing one ordinary share. According to the filing, these units were granted on April 1, 2024 and have fully vested, giving him a settled equity-based interest linked to Cloopen Group’s Class A ordinary shares.

What is the significance of Flawless Wisdom Limited in the Cloopen Group (RAASY) Form 3?

Flawless Wisdom Limited holds 245,000 Class A ordinary shares as a nominee for an employee trust. These shares are held for the benefit of grantees under Cloopen Group’s share incentive plans, and are reported as an indirect interest associated with director Yuan Pengfei.

What does the Form 3 for Cloopen Group (RAASY) indicate about transaction activity?

The Form 3 is an initial ownership report and shows holdings rather than trades. It lists 400,000 vested restricted share units and 245,000 indirectly held Class A shares, with no reported buy or sell transactions, emphasizing disclosure of existing equity interests instead of market activity.

When were Yuan Pengfei’s restricted share units in Cloopen Group (RAASY) granted and vested?

The filing states that 400,000 restricted share units were granted to Yuan Pengfei on April 1, 2024. Each unit represents one ordinary share, and all of these restricted share units have vested, indicating that the associated equity rights are no longer subject to vesting conditions.
Cloopen Group Holding Limited

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