SEC Form 4 · accession 0001179110-18-003372
BeOne Medicines Ltd. · ONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ji Li
Officer — EVP and Gl. Head of Bus. Dev.
Period of report
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 6:41 pm EST
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 |
|---|---|---|---|---|---|---|---|---|
| American Depositary SharesF1 | Feb 28, 2018 | M | 10,000 | $26.65 | A | 10,000 | D | |
| American Depositary SharesF1,F3 | Feb 28, 2018 | S | 1,749 | $143.717 | D | 8,251 | D | |
| American Depositary SharesF1,F4 | Feb 28, 2018 | S | 1,100 | $144.7766 | D | 7,151 | D | |
| American Depositary SharesF1,F5 | Feb 28, 2018 | S | 1,400 | $145.9652 | D | 5,751 | D | |
| American Depositary SharesF1,F6 | Feb 28, 2018 | S | 1,800 | $146.9156 | D | 3,951 | D | |
| American Depositary SharesF1,F7 | Feb 28, 2018 | S | 1,551 | $148.6629 | D | 2,400 | D | |
| American Depositary SharesF1,F8 | Feb 28, 2018 | S | 2,400 | $149.4871 | D | 0 | D | |
| Ordinary Shares | holding | — | — | — | 475,000 | D |
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)F9,F10 | $2.05 | Feb 28, 2018 | M | 130,000 | D | — | May 2, 2026 | Ordinary Shares | 2,246,000 | 2,246,000 | D |
Explanation of responses
- F1Each American Depositary Share represents 13 Ordinary Shares.
- F10These securities vest over a four-year period as follows: 25% on the first anniversary of May 3, 2016 with the remaining shares vesting in 36 equal successive monthly installments thereafter.
- F2The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $143.50 to $144.49, inclusive. The Reporting Person has provided the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of American Depositary Shares sold at each separate price.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $144.50 to $145.39, inclusive. The Reporting Person has provided the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of American Depositary Shares sold at each separate price.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.56 to $146.26, inclusive. The Reporting Person has provided the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of American Depositary Shares sold at each separate price.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $146.61 to $147.36, inclusive. The Reporting Person has provided the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of American Depositary Shares sold at each separate price.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $148.08 to $149.03, inclusive. The Reporting Person has provided the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of American Depositary Shares sold at each separate price.
- F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $149.14 to $150.11, inclusive. The Reporting Person has provided the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of American Depositary Shares sold at each separate price.
- F9The number of securities underlying each option and the exercise price therefor are represented in ordinary shares. The exercise price is equal to 1/13 of the closing price of our American Depositary Shares ("ADSs") on the date of grant, as each ADS represents 13 ordinary shares.