111, Inc. (YI) director reports 19,984 fully vested RSUs on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
111, Inc. director Teo Nee Chuan filed an initial ownership report showing holdings of 19,984 RSUs tied to Class A ordinary shares. Each RSU represents a contingent right to receive one Class A share, and all of these RSUs were fully vested as of the Form 3 date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Teo Nee Chuan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | RSUs (Class A) | -- | -- | -- |
Holdings After Transaction:
RSUs (Class A) — 19,984 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What does Teo Nee Chuan’s Form 3 filing for 111, Inc. (YI) report?
The Form 3 reports Teo Nee Chuan’s initial holdings of 19,984 RSUs. These restricted stock units are tied to Class A ordinary shares of 111, Inc. and represent his starting beneficial ownership position as a director at the time of this filing.
Are the RSUs held by Teo Nee Chuan in 111, Inc. (YI) vested?
All of the reported RSUs are fully vested as of the Form 3 date. The filing notes that each restricted stock unit has already vested, meaning the vesting conditions have been satisfied, although settlement into Class A ordinary shares is still contingent.
What security type is reported in Teo Nee Chuan’s Form 3 for 111, Inc. (YI)?
The filing reports RSUs (Class A) as the security type. These restricted stock units provide a contingent right to receive Class A ordinary shares, rather than representing currently issued common stock, and are disclosed as part of his direct beneficial ownership.
Is Teo Nee Chuan’s ownership in 111, Inc. (YI) reported as direct or indirect?
The Form 3 classifies his ownership of the 19,984 RSUs as direct. The ownership code is listed as “D,” indicating the RSUs are directly held by him rather than through a trust, partnership, or other indirect entity structure.