Yatra (NASDAQ: YTRA) VP Amin Manish reports share and PSU holdings
Filing Impact
Filing Sentiment
Form Type
3
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Amin Manish
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 22,379 shares (Direct);
Ordinary Shares — 1,138,531 shares (Direct)
Footnotes (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. 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. 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. 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. 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. 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. 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.
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.
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.