uCloudlink director Kong Ying reports holdings
uCloudlink Group Inc. director Kong Ying has filed an initial ownership report detailing current equity interests in the company.
Rhea-AI Filing Summary
uCloudlink Group Inc. director Kong Ying has filed an initial ownership report detailing current equity interests in the company. The filing lists Class A ordinary share holdings and several grants of unvested restricted share units, each representing one Class A share upon vesting.
RSU tranches are scheduled to vest on August 30 and May 31 in various years from 2026 through 2030, including 5,000-share installments on August 30, 2026 and 2027 and multiple installments on May 31 across those years.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
| holding | Class A ordinary shares | -- | -- | -- |
Footnotes (5)
- F1. Each holder of Class A ordinary shares of uCloudlink Group Inc. (the "Company") is entitled to one vote per share and each holder of Class B ordinary shares of the Company is entitled to 15 votes per share on all matters submitted to them for a vote. Class B ordinary shares are convertible at any time by the holder thereof into Class A ordinary shares on a one-for-one basis, whereas Class A ordinary shares are not convertible into Class B ordinary shares under any circumstances.
- F2. This represents the remaining unvested restricted share units ("RSUs") granted to the reporting person on August 30, 2022 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 5,000 RSUs will vest on each of August 30, 2026 and 2027.
- F3. This represents the remaining unvested RSUs granted to the reporting person on May 31, 2023 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 5,000 will vest on each of May 31, 2026, 2027 and 2028.
- F4. This represents the remaining unvested RSUs granted to the reporting person on May 31, 2024 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 8,000 RSUs will vest on May 31, 2026. 4,000 RSUs will vest on each of May 31, 2027, 2028 and 2029.
- F5. This represents the remaining unvested RSUs granted to the reporting person on May 31, 2025 pursuant to the Company's share incentive plans. Each RSU represents a contingent right to receive one Class A common share upon vesting. 20,000 RSUs will vest on May 31, 2026. 8,000 RSUs will vest on May 31, 2027. 4,000 RSUs will vest on each of May 31, 2028, 2029 and 2030.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filed by uCloudlink (UCL) director Kong Ying show?
When will the 2022 RSU grant to Kong Ying at uCloudlink (UCL) vest?
What is the vesting schedule for Kong Ying’s 2023 RSUs at uCloudlink (UCL)?
How do the 2024 and 2025 RSU grants to Kong Ying at uCloudlink (UCL) vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.