Liu Zhijia of Yimutian (YMT) reports sizeable options and Class B holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Yimutian Inc. director Liu Zhijia reported initial ownership of options and shares in the company. Liu holds options to acquire 6,026,414 Class A ordinary shares at an exercise price of $0.01 per share, expiring on December 4, 2035, which were granted on March 1, 2018 and have fully vested.
Liu also holds options covering an additional 3,000 Class A ordinary shares at $0.01 per share, expiring on December 4, 2035. Of these, 2,325 options have vested and 675 options are scheduled to vest on October 17, 2026, from a grant dated October 17, 2022. In addition, 26,772,357 Class B ordinary shares are reported as indirectly owned through YMT 360 Holdings Limited.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Liu Zhijia
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options (right to buy) | -- | -- | -- |
| holding | Options (right to buy) | -- | -- | -- |
| holding | Class B ordinary shares | -- | -- | -- |
Holdings After Transaction:
Options (right to buy) — 6,026,414 shares (Direct);
Class B ordinary shares — 26,772,357 shares (Indirect, By YMT 360 Holdings Limited)
Footnotes (1)
- These options were granted to the reporting person on March 1, 2018 and have fully vested. These options were granted to the reporting person on October 17, 2022. Of these, 2,325 options have vested and the remaining 675 options will vest on October 17, 2026.
Key Figures
2018 option grant underlying shares: 6,026,414 Class A shares
2022 option grant underlying shares: 3,000 Class A shares
Vested portion of 2022 options: 2,325 options vested
+4 more
7 metrics
2018 option grant underlying shares
6,026,414 Class A shares
Options at $0.01 per share, fully vested, expiring December 4, 2035
2022 option grant underlying shares
3,000 Class A shares
Options at $0.01 per share, expiring December 4, 2035
Vested portion of 2022 options
2,325 options vested
From October 17, 2022 grant; remaining 675 vest October 17, 2026
Unvested 2022 options
675 options
Scheduled to vest on October 17, 2026
Option exercise price
$0.01 per share
Exercise price for both Class A option grants
Option expiration date
December 4, 2035
Expiration for reported Class A options
Indirect Class B holdings
26,772,357 Class B shares
Indirectly owned through YMT 360 Holdings Limited
Key Terms
Form 3, Options (right to buy, Class A ordinary shares, Class B ordinary shares, +2 more
6 terms
Form 3 regulatory
"INSIDER FILING DATA (Form 3):"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Options (right to buy financial
""security_title": "Options (right to buy)""
indirect financial
""ownership_type": "indirect""
vested financial
"2,325 options have vested and the remaining 675 options will vest"
FAQ
What does the Yimutian Inc. (YMT) Form 3 filing by Liu Zhijia show?
The Form 3 shows Liu Zhijia’s initial ownership in Yimutian Inc., including options over Class A ordinary shares and indirect holdings of Class B ordinary shares through YMT 360 Holdings Limited, establishing Liu’s baseline equity position as a director.
What is the vesting status of Liu Zhijia’s YMT stock options?
The 6,026,414 options granted on March 1, 2018 have fully vested. Of the 3,000 options granted on October 17, 2022, 2,325 have vested and 675 are scheduled to vest on October 17, 2026, subject to the original grant terms.
What are the key terms of Liu Zhijia’s YMT stock options?
Liu’s options relate to Class A ordinary shares with a $0.01 exercise price and an expiration date of December 4, 2035. The 2018 grant is fully vested, while part of the 2022 grant continues vesting through October 17, 2026.