4//SEC Filing
WAN XIN 4
Accession 0001857816-25-000040
CIK 0001857816other
Filed
Apr 10, 8:00 PM ET
Accepted
Apr 11, 6:04 AM ET
Size
13.4 KB
Accession
0001857816-25-000040
Insider Transaction Report
Form 4
WAN XIN
Chief Technology Officer
Transactions
- Exercise/Conversion
Class A Ordinary Shares, par value $0.05 per share
2025-04-10+10,000→ 817,540 total(indirect: By FAITHFUL WINNER HOLDINGS LIMITED) - Exercise/Conversion
Restricted Share Units
2025-04-10−10,000→ 0 total(indirect: By FAITHFUL WINNER HOLDINGS LIMITED)→ Class A Ordinary Shares, par value $0.05 per share (10,000 underlying) - Award
Class A Ordinary Shares, par value $0.05 per share
2025-04-10+5,500→ 5,500 total - Award
Restricted Share Units
2025-04-10+5,500→ 5,500 total→ Class A Ordinary Shares, par value $0.05 per share (5,500 underlying)
FAITHFUL WINNER HOLDINGS LTD
Chief Technology Officer
Transactions
- Exercise/Conversion
Class A Ordinary Shares, par value $0.05 per share
2025-04-10+10,000→ 817,540 total(indirect: By FAITHFUL WINNER HOLDINGS LIMITED) - Award
Restricted Share Units
2025-04-10+5,500→ 5,500 total→ Class A Ordinary Shares, par value $0.05 per share (5,500 underlying) - Exercise/Conversion
Restricted Share Units
2025-04-10−10,000→ 0 total(indirect: By FAITHFUL WINNER HOLDINGS LIMITED)→ Class A Ordinary Shares, par value $0.05 per share (10,000 underlying) - Award
Class A Ordinary Shares, par value $0.05 per share
2025-04-10+5,500→ 5,500 total
Footnotes (5)
- [F1]Represents Issuer's Class A ordinary shares issued pursuant to restricted share units granted to the Reporting Person under the Issuer's 2017 share incentive plan.
- [F2]The securities are directly held by FAITHFUL WINNER HOLDINGS LIMITED. Xin Wan is the sole shareholder and sole director of FAITHFUL WINNER HOLDINGS LIMITED and may be deemed to be an indirect beneficial owner of the securities held by FAITHFUL WINNER HOLDINGS LIMITED. This report shall not be deemed an admission that any of the reporting persons is the beneficial owner of such securities for purposes of Section 16 of Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F3]Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of Class A ordinary shares of the Company when vested.
- [F4]The RSUs will be vested at the end of the twelve (12)-month period commencing from the date of grant on April 10, 2025, subject to continuous service. Vested shares will be delivered to the reporting person following vesting.
- [F5]These RSUs, which were granted on April 10 2024, vest upon the satisfaction of a service condition and have no expiration date. The service condition was fully satisfied on April 10, 2025.
Documents
Issuer
GigaCloud Technology Inc
CIK 0001857816
Entity typeother
Related Parties
1- filerCIK 0002004239
Filing Metadata
- Form type
- 4
- Filed
- Apr 10, 8:00 PM ET
- Accepted
- Apr 11, 6:04 AM ET
- Size
- 13.4 KB