36Kr (KRKR) Chief Content Officer details vested options and ADS holdings
Rhea-AI Filing Summary
36Kr Holdings Inc. director and Chief Content Officer Li Yang Sylvia updated her ownership details, showing current holdings in options and American Depositary Securities. The filing lists fully vested employee share options over Class A ordinary shares with a nominal exercise price of $0.0001 per share and one ADS position.
She holds options over 359 and 40,076 Class A ordinary shares expiring on September 7, 2029, and options over 1,125,000 Class A ordinary shares expiring on June 19, 2031, all fully vested and exercisable. The filing also shows 1,642 American Depositary Securities held directly. Footnotes explain that earlier grants from 2019 and 2021 have been vesting over time, with substantial portions already exercised into ADSs and sold, leaving the disclosed balances as the remaining option and ADS holdings.
Positive
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Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
LI YANG SYLVIA
Role
Chief Content Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Share Option | -- | -- | -- |
| holding | Employee Share Option | -- | -- | -- |
| holding | Employee Share Option | -- | -- | -- |
| holding | American Depositary Security | -- | -- | -- |
Holdings After Transaction:
Employee Share Option — 1,165,435 shares (Direct);
American Depositary Security — 1,642 shares (Direct)
Footnotes (3)
- F1. These options were granted on September 7, 2019, 2,747,929 shares vested immediately, 1,373,965 shares vested on December 19, 2019 and 1,373,965 shares vested on December 19,2020. As of the date of this Form 3, 4,674,500 shares were exercised to ADSs and sold; 821,000 shares of the options has been fully exercised into 1,642 American Depositary Securities; the remaining 359 shares of such options are fully vested and exercisable.
- F2. These options were granted on September 7, 2019, and all 79,576 shares were vested in equal installments over a four-year period. As of the date of this Form 3, 39,500 shares were exercised to ADSs and sold and the remaining 40,076 shares of such options are fully vested and exercisable.
- F3. These options were granted on June 19, 2021, and all 1,500,000 shares were vested in equal installments over a four-year period. As of the date of this Form 3, 375,000 shares were exercised to ADSs and sold; the remaining 1,125,000 shares of such options are fully vested and currently exercisable.
Key Figures
Option exercise price: $0.0001 per share
Vested options 2029 (small block): 359 shares
Vested options 2029 (larger block): 40,076 shares
+5 more
8 metrics
Option exercise price
$0.0001 per share
Employee share options over Class A ordinary shares
Vested options 2029 (small block)
359 shares
Underlying Class A ordinary shares, options expiring September 7, 2029
Vested options 2029 (larger block)
40,076 shares
Underlying Class A ordinary shares, options expiring September 7, 2029
Vested options 2031
1,125,000 shares
Underlying Class A ordinary shares, options expiring June 19, 2031
ADS holdings
1,642 ADSs
American Depositary Securities held directly
Prior options exercised and sold
4,674,500 shares
Shares from 2019 grant exercised to ADSs and sold, per footnote
Options fully exercised into ADSs
821,000 shares
Converted into 1,642 American Depositary Securities
Options exercised and sold from 2021 grant
375,000 shares
Exercised to ADSs and sold, with remaining options exercisable
Key Terms
Employee Share Option, American Depositary Security, ADSs, vested, +2 more
6 terms
American Depositary Security financial
"security_title: "American Depositary Security" with 1,642.0000 total shares"
ADSs financial
"shares were exercised to ADSs and sold; 821,000 shares of the options"
vested financial
"all 79,576 shares were vested in equal installments over a four-year period"
fully vested and exercisable financial
"the remaining 359 shares of such options are fully vested and exercisable"
expiration date financial
"expiration_date: "2029-09-07T00:00:00.000Z" for employee share options"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the 36Kr (KRKR) Form 3/A filing show about Li Yang Sylvia’s holdings?
The Form 3/A shows Chief Content Officer Li Yang Sylvia’s current holdings in employee share options and American Depositary Securities. It details fully vested options over multiple blocks of Class A ordinary shares and a direct position in ADSs, providing an updated snapshot of her equity exposure.
What American Depositary Securities does Li Yang Sylvia hold in 36Kr (KRKR)?
The filing shows a direct holding of 1,642 American Depositary Securities. Footnotes explain that prior option exercises converted 821,000 option shares into these ADSs, with other exercised shares having been converted to ADSs and sold, leaving this ADS balance as part of her current position.
What do the vesting details in the 36Kr (KRKR) Form 3/A footnotes explain?
The footnotes describe how different option grants from 2019 and 2021 vested, either immediately or in scheduled installments over four years. They also note how many shares from each grant have already been exercised into ADSs and sold, and how many vested options remain exercisable now.
Are the options held by Li Yang Sylvia in 36Kr (KRKR) currently exercisable?
Yes. The filing states that remaining options from the 2019 grants and the 2021 grant are fully vested and exercisable. Specifically, 359, 40,076, and 1,125,000 underlying Class A ordinary shares are described as fully vested, with the options currently exercisable at the stated exercise price.