Zai Lab grants 15,600 RSUs under 2024 equity incentive plan - ZLAB News | RalliesZai Lab grants 15,600 RSUs under 2024 equity incentive plan
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ZLAB• Zai Lab grants RSUs under 2024 equity incentive plan
- Zai Lab granted 15,600 restricted share units under its 2024 Equity Incentive Plan to six employee participants.
- The award covers 156,000 underlying shares, with a nil purchase price.
- Vesting is time-based, with 25% vesting on each anniversary of the Sept. 8, 2026 grant date over four years.
- No performance targets apply to vesting; the award is not subject to a clawback mechanism.
- Shares remaining available for future grants under the plan total 61,600,963.