SEC Form 4 · accession 0001179110-18-009111
BeOne Medicines Ltd. · ONC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Xiaodong Wang
Director
Period of report
Jun 26, 2018
Accepted (ET)
Jun 28, 2018 · 7:40 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 | Jun 8, 2018 | G | 5,000,000 | $0.00 | D | 7,879,311 | D | |
| Ordinary SharesF2 | Jun 26, 2018 | A | 94,133 | $0.00 | A | 7,973,444 | D | |
| Ordinary SharesF3 | holding | — | — | — | 224,372 | I | See Footnote | |
| Ordinary SharesF4 | holding | — | — | — | 5,000,000 | I | See Footnote |
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)F5,F6 | $12.34 | Jun 26, 2018 | A | 655,044 | A | — | Jun 25, 2028 | Ordinary Shares | 655,044 | 655,044 | D |
Explanation of responses
- F1This a bona fide gift by the Reporting Person to Wang Investment LLC, which is owned by the Reporting Person and his wife.
- F2Represents securities underlying restricted share units. 1/4th of the securities will vest on each anniversary of June 26, 2018, subject to continued service.
- F3These securities are held in a UTMA account for Reporting Person's minor child, for which Reporting Person disclaims beneficial ownership.
- F4These securities are held by Wang Investment LLC, which is owned by the Reporting Person and his wife.
- F5The number of securities underlying the 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.
- F6These securities vest over a four-year period as follows: 25% on June 26, 2019, and the remaining in 36 successive equal monthly installments, subject to continued service.