Zai Lab said it granted 374,220 share options under its 2024 Equity Incentive Plan, with an exercise price of USD 19.27 per ADS. The options have a 10-year term and vest 25% on each anniversary of the grant date over four years. Zai Lab also granted 121,620 restricted share units at a nil purchase price, which vest 25% annually over four years. In addition, it granted 182,428 performance share units at a nil purchase price, with vesting on the third anniversary subject to performance targets. Following the grants, 73,687,003 shares remain available for future grants under the plan.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zai Lab Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260309-12046215), on March 09, 2026, and is solely responsible for the information contained therein.
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