Waterdrop (NYSE: WDH) executive details Class A share and equity awards
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Waterdrop Inc. director and Head of Insurance Business Ran Wei filed an initial Form 3 reporting his ownership of Class A ordinary shares and equity awards. He has voting and disposal power over 11,088,000 Class A ordinary shares held by Christmastrees Holdings Limited, where he is the sole director.
The filing notes his indirect pecuniary interest in 1,000,000 Class A ordinary shares held by Ark Trust (Hong Kong) Limited, while he disclaims beneficial ownership except to that extent. It also details multiple restricted share unit awards, including 1,416,660 and 2,083,340 Class A ordinary shares that have fully vested, as well as additional awards of 56,340, 500,000 and 1,200,000 shares that are issued or issuable under vesting schedules extending to dates such as January 1, 2027, March 1, 2028 and February 1, 2030.
The Form 3 further reports fully vested share options covering 200,000 Class A ordinary shares, granted on March 25, 2021, with an exercise price of US$0.08 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
ran wei
Role
Head of Insurance Business
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Options (Right to Buy) | -- | -- | -- |
| 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 | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Share Options (Right to Buy) — 200,000 shares (Direct);
Class A Ordinary Shares — 11,088,000 shares (Indirect, See Footnote);
Class A Ordinary Shares — 1,416,660 shares (Direct)
Footnotes (1)
- Represents 11,088,000 Class A ordinary shares held of record by Christmastrees Holdings Limited, a British Virgin Islands company. Mr. Ran is the sole director of Christmastrees Holdings Limited and has the sole power to vote and dispose of the securities held by such entity. Represents Mr. Ran's indirect pecuniary interest in 1,000,000 Class A ordinary shares held of record by Ark Trust (Hong Kong) Limited, a Hong Kong company. Mr. Wei Ran disclaims beneficial ownership of the shares held by Ark Trust (Hong Kong) Limited except to the extent of any indirect pecuniary interest therein. Represents 1,416,660 Class A ordinary shares of the Issuer issued upon the vesting of the underlying restricted share unit awards. These restricted share units were granted on October 1, 2022. These restricted share units have been fully vested as of the date hereof. Represents 2,083,340 Class A ordinary shares of the Issuer issued upon the vesting of the underlying restricted share unit awards. These restricted share units were granted on January 1, 2023. These restricted share units have been fully vested as of the date hereof. Represents 56,340 Class A ordinary shares of the Issuer issued or issuable upon the vesting of the underlying restricted share unit awards. These restricted share units were granted on June 25, 2023, representing the contingent right to receive Class A ordinary shares of the Issuer. Of such restricted share units, restricted share units for 42,250 Class A ordinary shares have been vested and the remaining will vest on January 1, 2027. Represents 500,000 Class A ordinary shares of the Issuer issued or issuable upon the vesting of the underlying restricted share unit awards. These restricted share units were granted on April 1, 2024, representing the contingent right to receive Class A ordinary shares of the Issuer. Of such restricted share units, restricted share units for 150,000 Class A ordinary shares have been vested and the remaining will vest in installments on March 1, 2027 and March 1, 2028. Represents 1,200,000 Class A ordinary shares of the Issuer issuable upon the vesting of the underlying restricted share unit awards. These restricted share units were granted on February 24, 2026, representing the contingent right to receive Class A ordinary shares of the Issuer. These restricted share units shall vest in installments on February 1, 2027, February 1, 2028, February 1, 2029, and February 1, 2030. These options were granted on March 25, 2021. All options granted have been fully vested and exercisable as of the date hereof. The exercise price for these options is US$0.08 per Class A ordinary share.
FAQ
What does Waterdrop Inc. (WDH) disclose in Ran Wei’s Form 3?
The Form 3 discloses Ran Wei’s initial ownership in Waterdrop, including direct and indirect holdings of Class A ordinary shares, several restricted share unit awards with different vesting schedules, and fully vested options over 200,000 shares at an exercise price of US$0.08.
What future vesting schedules are disclosed for Waterdrop (WDH) RSUs held by Ran Wei?
The filing shows RSUs for 56,340 shares with remaining vesting on January 1, 2027, 500,000 shares with remaining vesting on March 1, 2027 and March 1, 2028, and 1,200,000 shares scheduled to vest in installments on February 1, 2027, 2028, 2029 and 2030.
What option grant does Ran Wei report in Waterdrop (WDH)’s Form 3?
Ran Wei reports options granted on March 25, 2021 over 200,000 Class A ordinary shares of Waterdrop. The footnotes state these options are fully vested and exercisable, with an exercise price of US$0.08 per Class A ordinary share as of the reporting date.