Bilibili (NASDAQ: BILI) COO Li Ni details options, RSUs and shares
Rhea-AI Filing Summary
Bilibili Inc. director and executive Li Ni filed an initial ownership report listing her existing equity interests in the company. She holds a share option over 2,000,000 Class Z ordinary shares at an exercise price of $0.0001 per share, expiring in 2028, with 1,670,000 shares already vested and 330,000 scheduled to vest on November 23, 2026. She also holds 412,000 performance-based restricted share units, each representing a contingent right to one Class Z ordinary share, and 1,000,000 Class Z ordinary shares directly. In addition, 7,200,000 Class Y ordinary shares are held indirectly through Saber Lily Limited, a Cayman trust structure for which she may be deemed to have voting and dispositive power, while disclaiming beneficial ownership beyond her pecuniary interest. The filing does not report any new purchases or sales, only these existing positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Performance-based Restricted Share Units | -- | -- | -- |
| holding | Class Z Ordinary Shares | -- | -- | -- |
| holding | Class Y Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Represents restricted share units (the "RSUs") granted on March 31, 2023, the vesting period of which shall be 6 years. Each RSU represents a contingent right to receive one Class Z ordinary share of the Issuer. Represents securities held by Saber Lily Limited (the "Saber"). Saber is controlled by a trust established under the laws of Cayman Islands (the "Trust) and managed by TMF (Cayman) Ltd. as the trustee. Ms. Li is the settlor of the Trust, and Ms. Li and her family members are the Trust's beneficiaries. Under the terms of the Trust, Ms. Li may be deemed to have the voting and dispositive power over the Issuer's shares held by the Saber. The Reporting Person disclaims beneficial ownership of the securities held by the Saber except to the extent of her pecuniary interest therein. Represents a single option award grant with respect to 2,000,000 total shares initially. 1,670,000 of the total shares subject to the option have become vested and exercisable as of the date hereof, and 330,000 of the shares subject to the option shall become vested and exercisable on November 23, 2026. Represents performance based restricted share units (the "PSUs") granted on December 15, 2025, the vesting of which was conditional upon the achievement of the performance targets as determined by the board of directors of the Issuer. Each PSU represents a contingent right to receive one Class Z ordinary share of the Issuer.
