Uxin (UXIN) CTO discloses 70,504,200-share option position
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Uxin Ltd Chief Technology Officer Li Chengbin filed an initial ownership report detailing his employee share option holdings over Class A ordinary shares. He directly holds several option grants, including 120,000 underlying shares at an exercise price of 1.0300 per share and additional lower-priced tranches. He also indirectly holds options over 70,504,200 underlying Class A shares through IFAN Limited, a British Virgin Islands company beneficially owned by him through a trust, of which he is the sole director.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Li Chengbin
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee share options (right to buy) | -- | -- | -- |
| holding | Employee share options (right to buy) | -- | -- | -- |
| holding | Employee share options (right to buy) | -- | -- | -- |
| holding | Employee share options (right to buy) | -- | -- | -- |
| holding | Employee share options (right to buy) | -- | -- | -- |
| holding | Employee share options (right to buy) | -- | -- | -- |
| holding | Employee share options (right to buy) | -- | -- | -- |
Holdings After Transaction:
Employee share options (right to buy) — 120,000 shares (Direct);
Employee share options (right to buy) — 70,504,200 shares (Indirect, By IFAN Limited)
Footnotes (1)
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FAQ
What does Uxin (UXIN) CTO Li Chengbin report in this Form 3 filing?
Li Chengbin reports his initial beneficial ownership of employee share options. The filing lists multiple option grants over Uxin Class A ordinary shares, showing both direct and indirect holdings but no reported buy or sell transactions.
What is the large indirect option holding disclosed for Uxin (UXIN)?
The filing shows an indirect option position over 70,504,200 shares. These employee share options relate to underlying Class A ordinary shares and carry an exercise price of 0.0001 per share, expiring on 2028-08-20, held through IFAN Limited.
Who is IFAN Limited in relation to Uxin CTO Li Chengbin’s holdings?
IFAN Limited is the entity through which a major option position is held. It is a British Virgin Islands company beneficially owned by Li Chengbin through a trust, and he is described as the sole director of this company.
Do the reported Uxin (UXIN) options in this Form 3 represent new market trades?
The Form 3 lists existing employee share option holdings, not market trades. Transaction summaries show no recorded buys or sells, indicating the filing is an initial statement of option ownership rather than a report of recent trading activity.