CFO’s options on 10,086,314 Yimutian (YMT) Class A shares detailed
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Yimutian Inc. director and CFO Chen Shijie reported an existing derivative equity position. The filing shows fully vested options granted on May 27, 2019, covering 10,086,314 underlying Class A ordinary shares at an exercise price of 0.0100 per share, expiring on December 4, 2035. This is an initial ownership report, not a new transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chen Shijie
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options (right to buy) | -- | -- | -- |
Holdings After Transaction:
Options (right to buy) — 10,086,314 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Underlying shares: 10,086,314 shares
Exercise price: 0.0100 per share
Option expiration date: December 4, 2035
3 metrics
Underlying shares
10,086,314 shares
Underlying Class A ordinary shares for options held
Exercise price
0.0100 per share
Exercise price of options on Class A ordinary shares
Option expiration date
December 4, 2035
Expiration date of options position reported
Key Terms
Options (right to buy), Class A ordinary shares, fully vested
3 terms
Options (right to buy) financial
"security_title: "Options (right to buy)""
fully vested financial
"These options were granted to the reporting person on May 27, 2019 and have fully vested."
FAQ
What does Yimutian (YMT) CFO Chen Shijie report in this Form 3?
Chen Shijie reports an existing options position in Yimutian Inc. The Form 3 discloses fully vested options granted in 2019, giving the right to acquire 10,086,314 Class A ordinary shares at 0.0100 per share, with an expiration date of December 4, 2035.
What is the exercise price and expiration date of Yimutian CFO’s options?
The options have an exercise price of 0.0100 per share and expire on December 4, 2035. This long-dated option grant gives the CFO an extended period to decide when, or whether, to exercise the rights to acquire the underlying Class A ordinary shares.
Are Chen Shijie’s Yimutian options already vested?
Yes, the filing states the options have fully vested. A footnote explains they were granted on May 27, 2019 and are now completely vested, meaning there are no remaining service or time-based conditions before these options can be exercised for Class A ordinary shares.
Does this Yimutian (YMT) Form 3 show any new insider buying or selling?
No, the Form 3 functions as an initial ownership report. It lists an already existing, fully vested option grant rather than a new market transaction, and the transaction data are classified as a holding entry with no buy or sell codes indicated.