Form 3 • Statement of Changes in Beneficial Ownership
Type
Neutral
Net shares
0
% of shares
0.00%
Amount (USD)
$0
Insider confidence score
52.5 out of 100
Positive
1. Each American depositary share ("ADS") represents two (2) Class A ordinary shares, with a par value of US$0.0001 per share, of Niu Technologies (the "Company").
2. The 90,000 unvested restricted share units ("RSUs") were granted to the reporting person pursuant to the Company's 2018 Share Incentive Plan (the "2018 Plan") on March 15, 2022, and will vest on March 15, 2026.
3. Each RSU represents the contingent right to receive one (1) Class A ordinary shares of the Company upon vesting.
4. The 225,000 unvested RSUs were granted to the reporting person pursuant to the 2018 Plan on January 10, 2025, and will vest in three equal annual installments of 75,000 RSUs each on January 10, 2027, January 10, 2028 and January 10, 2029, respectively.
5. The 150,000 unvested RSUs were granted to the reporting person pursuant to the 2018 Plan on January 20, 2026, and will vest in four equal annual installments of 37,500 RSUs each on January 20, 2027, January 20, 2028, January 20, 2029 and January 20, 2030, respectively.
This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.