Yalla Group (NYSE: YALA) CFO details share and option holdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Yalla Group Ltd executive Hu Yang, the Chief Financial Officer, reports his initial beneficial ownership in a Form 3. He holds 15,973 Class A ordinary shares directly. He also reports employee stock options covering 400,000 Class A ordinary shares at an exercise price of $0.2200 per share, expiring on November 9, 2032, and additional options covering 150,000 Class A ordinary shares at the same exercise price, expiring on December 18, 2035. According to the footnotes, 50% of the 400,000-share option vests on November 1, 2025 and the remaining 50% on November 1, 2026, while the 150,000-share option vests 25% on December 18, 2026 and 25% on each of the next three anniversaries, in each case subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hu Yang
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option (Right to buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to buy) | -- | -- | -- |
| holding | Class A Ordinary Share | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to buy) — 400,000 shares (Direct);
Class A Ordinary Share — 15,973 shares (Direct)
Footnotes (1)
- 50% of the shares subject to the option shall vest on November 1, 2025, and the remaining 50% shall vest on November 1, 2026, subject to the Reporting Person continuing as a service provider through each such date. 25% of the shares subject to the option shall vest on December 18, 2026, and an additional 25% shall vest on each anniversary thereof for the next three consecutive years, subject to the Reporting Person continuing as a service provider through each such date.
FAQ
What insider holdings does Yalla Group (YALA) CFO Hu Yang report on this Form 3?
Hu Yang reports direct ownership of 15,973 Class A ordinary shares in Yalla Group. He also discloses employee stock options over 400,000 and 150,000 Class A ordinary shares, both with an exercise price of $0.2200 per share.
What exercise price applies to Hu Yang’s Yalla Group (YALA) employee stock options?
Both reported employee stock option grants carry an exercise price of $0.2200 per Class A ordinary share. One grant covers 400,000 shares and the other covers 150,000 shares, with different vesting schedules and expiration dates disclosed.
Are there any buy or sell transactions reported for Yalla Group (YALA) CFO Hu Yang in this Form 3?
No buy or sell transactions are reported; the entries are holdings only. The Form 3 discloses Hu Yang’s existing direct ownership of Class A ordinary shares and his outstanding employee stock options, rather than new purchases or sales.