Intchains Group (ICG) CFO details RSU, option and share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Intchains Group Ltd CFO Yan Chaowei filed an initial ownership report showing existing equity interests in the company. The filing lists restricted stock units tied to 13,662, 10,292 and 64,354 underlying shares of Class A Common Stock, which vest over four years under previously granted awards.
It also shows employee stock options covering 20,832 underlying Class A shares at an exercise price of $8.0000 per share, expiring on May 28, 2033, plus 9,492 shares of Class A Common Stock held directly. Each RSU or option entitles the holder to receive two Class A shares upon settlement or exercise, subject to the applicable vesting schedule and continued service conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Yan Chaowei
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 13,662 shares (Direct);
Employee Stock Option (right to buy) — 20,832 shares (Direct);
Class A Common Stock — 9,492 shares (Direct)
Footnotes (1)
- The Restricted Stock Units ("RSUs") represent a right to receive two shares of Class A Common Stock for each RSU. The RSUs vest over a four-year period, with 25% vesting on the first June 1 occurring on or after the one-year anniversary of the grant date, and the remaining 75% vesting in three equal annual installments on each subsequent June 1, subject to the reporting person's continuous service with the issuer. The RSUs were granted on May 29, 2023. The RSUs represent a right to receive two shares of Class A Common Stock for each RSU. The RSUs vest over a four-year period, with 25% vesting on the first June 1 occurring on or after the one-year anniversary of the grant date, and the remaining 75% vesting in three equal annual installments on each subsequent June 1, subject to the reporting person's continuous service with the issuer. The RSUs were granted on June 1, 2024. The RSUs represent a right to receive two shares of Class A Common Stock for each RSU. The RSUs vest over a four-year period, with 25% vesting on the first June 1 occurring on or after the one-year anniversary of the grant date, and the remaining 75% vesting in three equal annual installments on each subsequent June 1, subject to the reporting person's continuous service with the issuer. The RSUs were granted on June 1, 2025. The option agreement provides that the option becomes exercisable in four equal annual installments beginning on the first anniversary of the grant date. In accordance with the 2022 Share Incentive Plan, the option was granted on May 29, 2023. Each option represents the right to receive, upon exercise, two shares of Class A Common Stock.
FAQ
What does Intchains Group (ICG) CFO Yan Chaowei report in this Form 3?
The Form 3 reports Yan Chaowei’s existing equity interests as CFO, including restricted stock units, employee stock options, and directly held Class A Common Stock. It establishes his baseline ownership position when he became subject to insider reporting rules.
How many restricted stock units does the Intchains (ICG) CFO hold?
The filing lists three restricted stock unit awards tied to 13,662, 10,292 and 64,354 underlying Class A shares. Each RSU represents a right to receive two shares of Class A Common Stock, subject to multi‑year vesting and continued service requirements.
What are the terms of the Intchains (ICG) CFO’s stock options?
The CFO holds employee stock options covering 20,832 underlying Class A shares at an exercise price of $8.0000 per share. The options vest in four equal annual installments starting on the first anniversary of the May 29, 2023 grant date and expire on May 28, 2033.
How do the Intchains (ICG) CFO’s RSUs vest over time?
Each RSU grant vests over four years, with 25% vesting on the first June 1 on or after the one‑year anniversary of the grant date. The remaining 75% vests in three equal annual installments on each subsequent June 1, assuming continuous service.
When were the Intchains (ICG) CFO’s equity awards granted?
According to the footnotes, RSUs were granted on May 29, 2023, June 1, 2024, and June 1, 2025. The stock options were granted on May 29, 2023 under the 2022 Share Incentive Plan, aligning with typical multi‑year executive compensation structures.