Zai Lab grants share options, units to employees
Zai Lab announced on April 3, 2025, the grant of share-based incentives to its employees, effective April 1, 2025 (U.S. Eastern Time). The grants include options to subscribe for 204,650 American Depositary Shares (ADSs) to 40 grantees with an exercise price of US$37.29 per ADS. Furthermore, 420,100 RSUs were granted to 381 employees, and 32,975 PSUs were awarded to 4 individuals. The options and RSUs vest over four years. The performance-based units vest after three years, subject to achievement of specific clinical pipeline, strategic, revenue, and profit metrics.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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