[Form 3] ATRenew Inc. Initial Statement of Beneficial Ownership
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ATRenew Inc. director Wang Jingbo filed an initial ownership report showing three restricted share unit (RSU) awards tied to Class A ordinary shares. These include 16,500 RSUs granted on June 18, 2021 vesting in three equal annual installments, 9,000 RSUs granted on June 18, 2022 vesting in two equal annual installments, and 30,000 RSUs granted on June 18, 2024 vesting in three equal annual installments, each RSU representing the right to receive one Class A ordinary share upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Wang Jingbo
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
| holding | Restricted share units | -- | -- | -- |
Holdings After Transaction:
Restricted share units — 16,500 shares (Direct)
Footnotes (1)
- Represents restricted share units to purchase 16,500 Class A ordinary shares granted on June 18, 2021. The restricted share units vest in equal installments of 1/3 of the restricted share units on the June 18 of each year thereafter over the next 3 years, subject to the reporting person's continued service through the applicable vesting date. Each restricted share unit represents the contingent right to receive one (1) Class A ordinary shares of the issuer upon vesting. Represents restricted share units to purchase 9,000 Class A ordinary shares granted on June 18, 2022. The restricted share units vest in equal installments of 1/2 of the restricted share units on the June 18 of each year thereafter over the next 2 years, subject to the reporting person's continued service through the applicable vesting date. Represents restricted share units to purchase 30,000 Class A ordinary shares granted on June 18, 2024. The restricted share units vest in equal installments of 1/3 of the restricted share units on the June 18 of each year thereafter over the next 3 years, subject to the reporting person's continued service through the applicable vesting date.
FAQ
What does ATRenew (RERE) disclose in Wang Jingbo’s Form 3 filing?
The Form 3 shows Wang Jingbo’s existing restricted share unit (RSU) awards in ATRenew Inc. It lists three RSU grants tied to Class A ordinary shares, along with their grant dates, vesting schedules, and the one-for-one conversion into Class A ordinary shares upon vesting.
How many ATRenew (RERE) RSUs were granted to Wang Jingbo in 2021?
In 2021, Wang Jingbo was granted 16,500 restricted share units. These RSUs were granted on June 18, 2021 and vest in three equal annual installments, with one-third vesting on each June 18 over the following three years, subject to continued service.
What are the key terms of Wang Jingbo’s 2022 ATRenew (RERE) RSU grant?
The 2022 grant consists of 9,000 restricted share units. Granted on June 18, 2022, these RSUs vest in two equal installments, with one-half vesting on June 18 of each of the next two years, contingent on Wang Jingbo’s continued service through each vesting date.
What is included in Wang Jingbo’s 2024 ATRenew (RERE) RSU award?
The 2024 RSU award covers 30,000 restricted share units. Granted on June 18, 2024, this award vests in three equal annual installments on June 18 of each following year, provided Wang Jingbo continues serving through each vesting date as specified.
What do the vesting conditions mean for ATRenew (RERE) director Wang Jingbo’s RSUs?
The vesting conditions require continued service through each vesting date. If Wang Jingbo remains in service through the applicable June 18 vesting dates, portions of the 2021, 2022, and 2024 RSU grants will convert into Class A ordinary shares over time.