ZKH (ZKH) CFO discloses multi-year share option grants and vesting
Rhea-AI Filing Summary
ZKH Group Ltd reported the initial holdings of its Chief Financial Officer, Lai Chun Chiu. The filing shows two share option positions, each giving the right to buy ordinary shares at an exercise price of 0.1015 per share.
One option covers 34,160,697 underlying ordinary shares and expires on January 31, 2032, vesting over four years starting February 1, 2022 with 25% vesting each year. The second option covers 1,056,516 underlying ordinary shares, expires on January 17, 2033, and also vests over four years starting July 17, 2023 with 25% vesting annually.
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FAQ
What does the Form 3 filing by ZKH (ZKH) CFO Lai Chun Chiu show?
The Form 3 shows initial derivative holdings of ZKH’s CFO. It discloses two share option positions over ordinary shares, detailing the number of underlying shares, exercise price, expiration dates, and four-year vesting schedules with 25% vesting annually for each grant.
What are the vesting terms of the ZKH (ZKH) CFO’s option grants?
Both option grants vest over four years with 25% vesting each year. One schedule starts on February 1, 2022, and the other on July 17, 2023, indicating a structured, multi-year incentive alignment for the Chief Financial Officer.
Does the ZKH (ZKH) Form 3 indicate recent buying or selling by the CFO?
The Form 3 describes holdings of share options rather than new market transactions. It lists existing derivative positions and their terms, without reporting open-market purchases or sales of ZKH ordinary shares in this filing.