Huize Holding (HUIZ) VP discloses options and share stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Huize Holding Ltd vice president Luo Xuchun filed an initial insider report detailing existing equity holdings. Luo holds options over 5,200,000, 2,200,000, 1,600,000 and 802,803 underlying Class A common shares at an exercise price of $0.0024 per share, with expirations between 2029 and 2034. The filing also shows 13,977,772 Class A common shares held directly, 194,620 Class A common shares held indirectly through Bodyguard Holding Limited, and 1,026,220 American depositary shares, each representing one hundred Class A common shares. The options granted in 2019, 2021 and 2023 are fully vested, while most of the 5,200,000 options granted in 2024 are vested with the remainder scheduled to vest on March 31, 2026 and June 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Luo Xuchun
Role
Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Class A common shares | -- | -- | -- |
| holding | Class A common shares | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
Options — 5,200,000 shares (Direct);
Class A common shares — 13,977,772 shares (Direct);
Class A common shares — 194,620 shares (Indirect, By Bodyguard Holding Limited);
American depositary shares — 1,026,220 shares (Direct)
Footnotes (1)
- Each American depositary share ("ADS") represents one hundred (100) Class A common shares of Huize Holding Limited (the "Company"), with a par value of US$0.00001 per share. The 5,200,000 options were granted to the reporting person on April 22, 2024, and are scheduled to vest in eight equal quarterly installments of 650,000 options each over a two-year period. Six out of the eight installments have already vested, and the remaining two installments will vest on March 31, 2026 and June 30, 2026, respectively. The 2,200,000 options were granted to the reporting person on March 14, 2023 and have been fully vested. The 1,600,000 options were granted to the reporting person on September 8, 2021 and have been fully vested. The 802,803 options were granted to the reporting person on June 30, 2019 and have been fully vested.
FAQ
What does Huize (HUIZ) vice president Luo Xuchun report owning in this Form 3?
Luo reports existing holdings, including 13,977,772 Class A common shares directly, 194,620 Class A shares indirectly via Bodyguard Holding Limited, and 1,026,220 American depositary shares. The filing also lists several large option positions over Huize Class A common shares.
How many Huize (HUIZ) options does Luo Xuchun hold and at what exercise price?
Luo holds options over 5,200,000, 2,200,000, 1,600,000 and 802,803 underlying Class A common shares. All these option grants carry an exercise price of $0.0024 per share, according to the detailed holdings disclosed in the Form 3 filing.
What are the vesting details of Huize (HUIZ) options reported by Luo Xuchun?
Options granted in 2019, 2021 and 2023 are fully vested. Of the 5,200,000 options granted on April 22, 2024, six of eight quarterly installments have vested; the remaining two installments vest on March 31, 2026 and June 30, 2026, respectively.