What is the exercise price of Ha Jiming’s Yatsen (YSG) share options?

Each of the reported share option grants has an exercise price of $0.025 per Class A ordinary share . This price applies across all three option positions described in the filing, regardless of their different expiration dates in 2031, 2032, and 2035.

Director Ha Jiming details Yatsen (NYSE: YSG) share option holdings

Q: What does Ha Jiming’s Form 3 filing for Yatsen (YSG) show?

The Form 3 shows director Ha Jiming reporting three grants of share options to buy Yatsen Class A ordinary shares at $0.025 per share, expiring in 2031, 2032, and 2035, all held as direct derivative positions.

Q: How many Yatsen (YSG) shares are covered by Ha Jiming’s reported options?

The reported options cover 1,220,545 underlying Class A ordinary shares in total: 283,533 shares, 283,532 shares, and 653,480 shares. These figures reflect the amounts tied to each option grant as disclosed in the Form 3 filing.

Q: Did Ha Jiming buy or sell Yatsen (YSG) shares in this Form 3?

The Form 3 is an initial statement of beneficial ownership and shows holdings only. It lists existing share option positions but does not report any new purchases or sales of Yatsen shares or options in connection with this filing.

Q: How do the January 1, 2025 Yatsen (YSG) options held by Ha Jiming vest?

A footnote states that one option grant dated January 1, 2025 vests over four years. Tranches of 163,360 shares vest on November 18 in 2025, 2026, and 2027, and 163,400 shares vest on November 18, 2028, subject to the award agreement.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Yatsen Holding Ltd director Ha Jiming has filed an initial Form 3 reporting option holdings in the company. The filing lists three grants of share options, each giving the right to buy Class A ordinary shares at an exercise price of $0.025 per share, with expirations in 2031, 2032, and 2035.

The underlying share amounts shown are 283,533 shares, 283,532 shares, and 653,480 shares, all held directly. A footnote explains that one option grant dated January 1, 2025 vests over four years in specified annual tranches, subject to the award agreement terms.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider HA JIMING

Role Director

Type	Security	Shares	Price	Value
holding	Share Options (Right to buy)	--	--	--
holding	Share Options (Right to buy)	--	--	--
holding	Share Options (Right to buy)	--	--	--

Holdings After Transaction: Share Options (Right to buy) — 283,533 shares (Direct)

Footnotes (1)

All options granted have been fully vested and exercisable as of the date hereof. Represents share options granted on January 1, 2025. The options vest over a 4-year period, with 163,360 shares vesting on November 18, 2025, 163,360 shares vesting on November 18, 2026,163,360 shares vesting on November 18, 2027, and 163,400 shares vesting on November 18, 2028, subject to terms and conditions of the underlying award agreement.

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03/17/2026 - 06:21 AM

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

HA JIMING

(Last)

(First)

(Middle)

9 POTOMAC SCHOOL CT

(Street)

POTOMAC

20854

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Yatsen Holding Ltd [ YSG ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Share Options (Right to buy)	⁽¹⁾	03/25/2031	Class A ordinary shares	283,533	$0.025	D
Share Options (Right to buy)	⁽¹⁾	03/01/2032	Class A ordinary shares	283,532	$0.025	D
Share Options (Right to buy)	⁽²⁾	01/01/2035	Class A ordinary shares	653,480	$0.025	D

Explanation of Responses:

1. All options granted have been fully vested and exercisable as of the date hereof.

2. Represents share options granted on January 1, 2025. The options vest over a 4-year period, with 163,360 shares vesting on November 18, 2025, 163,360 shares vesting on November 18, 2026,163,360 shares vesting on November 18, 2027, and 163,400 shares vesting on November 18, 2028, subject to terms and conditions of the underlying award agreement.

	/s/ Jiming Ha	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What does Ha Jiming’s Form 3 filing for Yatsen (YSG) show?

The Form 3 shows director Ha Jiming reporting three grants of share options to buy Yatsen Class A ordinary shares at $0.025 per share, expiring in 2031, 2032, and 2035, all held as direct derivative positions.

How many Yatsen (YSG) shares are covered by Ha Jiming’s reported options?

The reported options cover 1,220,545 underlying Class A ordinary shares in total: 283,533 shares, 283,532 shares, and 653,480 shares. These figures reflect the amounts tied to each option grant as disclosed in the Form 3 filing.

When do the Yatsen (YSG) options reported by Ha Jiming expire?

The reported share options expire on three different dates: March 25, 2031, March 1, 2032, and January 1, 2035. Each expiration date corresponds to a separate option position covering a distinct block of underlying shares.

Did Ha Jiming buy or sell Yatsen (YSG) shares in this Form 3?

The Form 3 is an initial statement of beneficial ownership and shows holdings only. It lists existing share option positions but does not report any new purchases or sales of Yatsen shares or options in connection with this filing.

How do the January 1, 2025 Yatsen (YSG) options held by Ha Jiming vest?

A footnote states that one option grant dated January 1, 2025 vests over four years. Tranches of 163,360 shares vest on November 18 in 2025, 2026, and 2027, and 163,400 shares vest on November 18, 2028, subject to the award agreement.