SEC Form 4 · accession 0001104659-18-029973
BeOne Medicines Ltd. · ONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Xiaobin Wu
Officer — President & GM China
Period of report
Apr 30, 2018
Accepted (ET)
May 2, 2018 · 8:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001651308
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Apr 30, 2018 | A | 1,149,899 | $0.00 | A | 1,149,899 | D | |
| American Depositary SharesF2 | holding | — | — | — | 17,365 | D | ||
| American Depositary SharesF2 | holding | — | — | — | 4,000 | I | By Wife |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Option (Right to Buy)F3,F4 | $13.05 | Apr 30, 2018 | A | 766,599 | A | — | Apr 29, 2028 | Ordinary Shares | 766,599 | 766,599 | D |
Explanation of responses
- F1Represents securities underlying restricted share units ("RSUs"). 1/5th of the securities will vest on each anniversary of April 30, 2018, subject to continued service. Unvested securities are subject to accelerated vesting upon a change in control or certain termination events.
- F2Each American Depositary Share ("ADS") represents 13 Ordinary Shares.
- F3The number of securities underlying each option and the exercise price therefore are represented in ordinary shares. The exercise price is equal to 1/13 of the closing price of our ADSs on the date of grant, as each ADS represents 13 ordinary shares.
- F4These securities vest over a five-year period as follows: 20% on April 30, 2019, and the remaining in 48 successive equal monthly installments, subject to continued service. Unvested shares are subject to accelerated vesting upon a change in control or certain termination events.