Chen Yang Luke 4

4 · 111, Inc. · Filed May 13, 2026

AI-generated summary of this filing

Updated May 13, 2026

111, Inc. (YI) Director Chen Yang Luke Receives RSU Awards

What Happened

Chen Yang Luke, a director of 111, Inc. (ticker: YI), was awarded a total of 594,222 restricted stock units (RSUs) reported in a Form 4 covering May 11–12, 2026. The filing lists three awards: 126,295 RSUs from 2023 (noted as fully vested), a 54,759‑RSU grant dated May 11, 2026 that vests in full on the grant date, and a 413,168‑RSU grant dated May 12, 2026 with multi‑year vesting. All awards show an acquisition at $0 (typical for RSU compensation); the filing reports no cash purchase or sale.

Key Details

Transaction dates and types: 2023 grant (126,295 RSUs; fully vested per filing), May 11, 2026 grant (54,759 RSUs; immediate vest), May 12, 2026 grant (413,168 RSUs; time‑based vesting).
Price/value: RSUs recorded with acquisition price $0 (these are compensation awards; dollar value at grant not shown on the Form 4).
Vesting: 54,759 RSUs vest in full on grant date; 413,168 RSUs vest 25% on each anniversary of May 12, 2026 (with pro‑rata vesting if service terminates during a vesting year).
Shares owned after transaction: not specified in the provided filing details.
Filing timeliness: Form 4 filed May 13, 2026 for transactions on May 11–12, 2026 — appears to be filed within the usual two‑business‑day window.
Footnotes: F1 notes prior RSUs have fully vested; F2 describes the immediate‑vest award; F3 describes the four‑year vesting schedule and pro‑rata vesting on termination.

Context

These entries are awards of RSUs (compensation), not open‑market purchases or sales. RSUs confer a right to receive shares later (or immediately if vested); they do not necessarily indicate voting or selling intent. The largest grant (413,168 RSUs) is time‑based and vests over four years, linking compensation to continued service.

Form 4

Period: 2026-05-11

Director

Transactions

Footnotes (3)

[F1]Each RSU represents a contingent right to receive one Class A ordinary share. As of the date of this Form 4, all such RSUs have fully vested.
[F2]Represent a grant of 54,759 RSUs, each RSU representing the right to receive one Class A ordinary share of the Issuer, with a grant date of May 11, 2026, which shall vest in full on the grant date.
[F3]Represent a grant of 413,168 RSUs, each RSU representing the right to receive one Class A ordinary share of the Issuer, with a grant date of May 12, 2026 and a vesting commencement date of May 12, 2026. Each such grant shall vest as to 25% of the RSUs on each of the first, second, third and fourth anniversaries of May 12, 2026; provided, however, that if the Reporting Person's service with the Issuer or any Service Recipient (as defined in the applicable Award Agreement) terminates in any vesting year other than for Cause (as defined in the applicable Award Agreement), the portion otherwise scheduled to vest for such vesting year shall vest pro rata based on the number of full months actually served by the grantee during such vesting year, with one-twelfth (1/12) of the amount scheduled to vest for such vesting year vesting for each completed month of service in such year.

Signature

/s/ Yang Chen|2026-05-13

1 file