Yatra (NASDAQ: YTRA) VP Amin Manish reports share and PSU holdings

Rhea-AI Filing Summary

Yatra Online, Inc. executive Amin Manish, a Vice President, reported his existing equity holdings. He directly holds 1,138,531 Ordinary Shares. He also holds multiple tranches of Performance Stock Units, each linked to underlying Common Stock and subject to share‑price performance hurdles.

According to the disclosures, PSUs granted on May 19, 2022 and July 20, 2023 will vest only if the 20‑day volume‑weighted average price of Yatra Online Limited, a subsidiary, exceeds specified INR thresholds (ranging from INR 167 to INR 236) before expiration dates between May 18, 2026 and July 19, 2027. These entries reflect holdings rather than new market transactions.

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

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1. Name and Address of Reporting Person^*

Amin Manish

(Last) (First) (Middle)

GULF ADIBA, PLOT NO. 272 4TH FLOOR,

UDYOG VIHAR, PHASE-II SEC-20, GURUGRAM

(Street)

HARYANA 122008

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Yatra Online, Inc. [ YTRA ]

3a. Foreign Trading Symbol

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

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

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

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)
Ordinary Shares	1,138,531	D

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)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Units	(1)	05/18/2026	Common Stock	22,379	$1.8062(7)	D
Performance Stock Units	(2)	07/19/2027	Common Stock	22,379	$1.9469(7)	D
Performance Stock Units	(3)	05/18/2026	Common Stock	22,378	$2.0983(7)	D
Performance Stock Units	(4)	07/19/2027	Common Stock	22,379	$2.2497(7)	D
Performance Stock Units	(5)	05/18/2026	Common Stock	22,378	$2.4011(7)	D
Performance Stock Units	(6)	07/19/2027	Common Stock	22,379	$2.5525(7)	D

Explanation of Responses:

1. Performance Stock Units were granted on May 19, 2022 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 167 on any trading day and shall expire on May 18, 2026.

2. Performance Stock Units were granted on July 20, 2023 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 180 on any trading day and shall expire on July 19, 2027.

3. Performance Stock Units were granted on May 19, 2022 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 194 on any trading day and shall expire on May 18, 2026.

4. Performance Stock Units were granted on July 20, 2023 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 208 on any trading day and shall expire on July 19, 2027.

5. Performance Stock Units were granted on May 19, 2022 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 222 on any trading day and shall expire on May 18, 2026.

6. Performance Stock Units were granted on July 20, 2023 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 236 on any trading day and shall expire on July 19, 2027.

7. The exercise prices are reported in U.S. dollars and reflect the conversion from INR to USD at an exchange rate of $1 per equivalent to INR 92.457 as of March 17, 2026.

Remarks:

Not Applicable

	/s/ Manish Amin	03/18/2026
	** 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.
* Form 3: SEC 1473 (03-26)

FAQ

What insider holdings did Yatra (YTRA) VP Amin Manish report?

Amin Manish reported direct ownership of 1,138,531 Ordinary Shares. He also disclosed several tranches of Performance Stock Units tied to Yatra Online Limited’s share price, each convertible into Common Stock if specific price hurdles are achieved before their stated expiration dates.

What are the key terms of the Performance Stock Units held by Yatra (YTRA) VP Amin Manish?

The Performance Stock Units were granted in 2022 and 2023 with share‑price vesting conditions. They vest only if the 20‑day volume‑weighted average price of Yatra Online Limited exceeds INR 167–236, with expiration dates between May 18, 2026 and July 19, 2027.

Do the reported Yatra (YTRA) insider entries show any share purchases or sales?

The entries reflect holdings, not explicit share purchases or sales. All transactions are coded as holdings with unknown transaction codes, and the summary shows no buy or sell counts, indicating an initial disclosure of positions rather than active trading activity.

How many underlying shares are linked to the Performance Stock Units reported by Yatra (YTRA) VP Amin Manish?

Each PSU tranche is linked to around 22,378 or 22,379 underlying Common Shares. Several such tranches are disclosed, all held directly, giving Amin Manish potential future equity exposure if the specified performance and vesting conditions are satisfied before expiration.

How are the exercise prices for Yatra (YTRA) Performance Stock Units determined in the disclosure?

The exercise prices are reported in U.S. dollars based on a specific exchange rate. A footnote explains they reflect conversion from Indian rupees at an exchange rate of $1 equal to INR 92.457 as of March 17, 2026, standardizing the PSU terms in dollars.