17 Education VP Ai Na discloses share holdings
17 Education & Technology Group Inc. director and vice president Ai Na filed an initial ownership report showing existing equity interests in the company.
Rhea-AI Filing Summary
17 Education & Technology Group Inc. director and vice president Ai Na filed an initial ownership report showing existing equity interests in the company. The filing lists stock options over 400,000 Class A ordinary shares granted on July 10, 2021 and another 400,000 granted on January 10, 2022, both with an exercise price of $0.0014 per share and now fully vested. It also shows options over 5,000,000 Class A ordinary shares granted on October 10, 2024, vesting in three equal annual installments starting on that date, with the same $0.0014 exercise price and expirations in 2031, 2032 and 2034. In addition, Ai Na directly holds 44,000 American depositary shares, each representing fifty Class A ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
Footnotes (4)
- F1. Each American depositary share ("ADS") represents fifty (50) Class A ordinary shares, with a par value of US$0.0001 per share, of 17 Education & Technology Group Inc. (the "Company").
- F2. On July 10, 2021, the reporting person was granted the options to purchase 400,000 Class A ordinary shares of the Company. These options vest in four equal annual installments beginning on July 10, 2022 and have been fully vested.
- F3. On January 10, 2022, the reporting person was granted the options to purchase 400,000 Class A ordinary shares of the Company. These options vest in four equal annual installments beginning on January 10, 2023 and have been fully vested.
- F4. On October 10, 2024, the reporting person was granted the options to purchase 5,000,000 Class A ordinary shares of the Company. These options vest in three equal annual installments beginning on the grant date, i.e., October 10, 2024.
FAQ
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What does 17 Education (YQ) vice president Ai Na report in this Form 3?
How many stock options does Ai Na hold in 17 Education (YQ)?
What are the vesting terms of Ai Na’s stock options at 17 Education (YQ)?
What is the exercise price of Ai Na’s stock options in 17 Education (YQ)?
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