Jianpu Technology (AIJTY) director details vested options and ADS stake
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Jianpu Technology Inc. director Zhang Xiaoyan reported existing equity holdings. The filing lists four option grants to buy 60,000, 40,000, 50,000 and 50,000 Class A ordinary shares at an exercise price of $0.0100 per share, expiring between 2031 and 2033, with portions vesting through 2027. Zhang also directly holds 29,000 American depositary shares, with each ADS representing twenty Class A ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Zhang Xiaoyan (XY)
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options (right to buy) | -- | -- | -- |
| holding | Options (right to buy) | -- | -- | -- |
| holding | Options (right to buy) | -- | -- | -- |
| holding | Options (right to buy) | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
Options (right to buy) — 60,000 shares (Direct);
American depositary shares — 29,000 shares (Direct)
Footnotes (1)
- Each American depositary share ("ADS") represents twenty (20) Class A ordinary shares, with a par value of US$0.0001 per share, of Jianpu Technology Inc. (the "Company"). These options were granted to the reporting person pursuant to the Company's 2017 Share Incentive Plan (the "2017 Plan") on December 31, 2021, and have been fully vested. These options were granted to the reporting person pursuant to the 2017 Plan on January 31, 2022, and have been fully vested. These options were granted to the reporting person pursuant to the 2017 Plan on December 31, 2022. Of these, 25,000 options have vested and the remaining 25,000 options will vest on December 31, 2026. Theses options were granted to the reporting person pursuant to the 2017 Plan on January 31, 2023. Of these, 25,000 options have vested and the remaining 25,000 options will vest on January 31, 2027.
Key Figures
Option grant underlying shares: 60,000 shares
Option grant underlying shares: 40,000 shares
Option grant underlying shares: 50,000 shares
+4 more
7 metrics
Option grant underlying shares
60,000 shares
Class A ordinary shares under options expiring December 31, 2031
Option grant underlying shares
40,000 shares
Class A ordinary shares under options expiring January 31, 2032
Option grant underlying shares
50,000 shares
Class A ordinary shares under options expiring December 31, 2032
Option grant underlying shares
50,000 shares
Class A ordinary shares under options expiring January 31, 2033
Option exercise price
$0.0100 per share
Exercise price for all reported Class A share options
ADS holdings
29,000 ADSs
Directly held American depositary shares
ADS to share ratio
1 ADS = 20 shares
Each ADS represents twenty Class A ordinary shares
Key Terms
American depositary share, Class A ordinary shares, 2017 Share Incentive Plan, fully vested, +1 more
5 terms
fully vested financial
"have been fully vested"
par value financial
"Class A ordinary shares, with a par value of US$0.0001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What did Jianpu Technology (AIJTY) director Zhang Xiaoyan report in this Form 3/A?
Zhang Xiaoyan reported existing holdings of stock options and American depositary shares. The filing lists several option grants over Class A ordinary shares and 29,000 ADSs, giving a snapshot of this director’s current equity position in Jianpu Technology Inc.
What is the exercise price of Zhang Xiaoyan’s Jianpu Technology stock options?
Each listed option grant has an exercise price of $0.0100 per Class A ordinary share. This low exercise price was set when options were granted under Jianpu Technology Inc.’s 2017 Share Incentive Plan and applies across the different expiration dates shown.
When do Jianpu Technology (AIJTY) director Zhang Xiaoyan’s stock options expire?
The reported options expire on December 31, 2031, January 31, 2032, December 31, 2032 and January 31, 2033. These staggered expiration dates give Zhang multi‑year periods in which the fully vested portions of each grant can potentially be exercised.