Zai Lab Ltd (HK:9688) has released an update.
Zai Lab Limited has announced the granting of share options and restricted share units under its 2024 Equity Incentive Plan. One employee received options to subscribe for 208 ADSs while ten employees were granted a total of 9,622 restricted share units; all grants are set to vest over a four-year period contingent on continued employment. This move is part of the company’s efforts to incentivize employees without attaching performance targets or implementing a clawback mechanism.
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