HUTCHMED (HCM) deputy CFO details options and share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
HUTCHMED (China) Ltd Deputy Chief Financial Officer Lorenso Chiu has filed an initial Form 3 detailing his equity interests in the company. He reports multiple share options over American depositary shares with exercise prices between $10.7500 and $27.9400, vesting over four years and expiring between 2030 and 2033. He also holds Long Term Incentive Plan awards over 8,108 ordinary shares indirectly through a plan trustee, plus 46,007 ordinary shares and 8,475 American depositary shares directly. Each American depositary share represents five ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Chiu Lorenso
Role
Deputy Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share option (right to buy) | -- | -- | -- |
| holding | Share option (right to buy) | -- | -- | -- |
| holding | Share option (right to buy) | -- | -- | -- |
| holding | Share option (right to buy) | -- | -- | -- |
| holding | Long Term Incentive Plan awards granted on 08/05/2024 | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
| holding | American depositary shares | -- | -- | -- |
Holdings After Transaction:
Share option (right to buy) — 17,700 shares (Direct);
Long Term Incentive Plan awards granted on 08/05/2024 — 8,108 shares (Indirect, Held by Long Term Incentive Plan trustee);
Ordinary shares — 46,007 shares (Direct);
American depositary shares — 8,475 shares (Direct)
Footnotes (1)
- Each American depositary share represents 5 ordinary shares. The share options granted are exercisable subject to, amongst other relevant vesting criteria, the vesting schedule of 25% on each of the first, second, third and fourth anniversaries of the date of grant of share options. The exercise price for the share option is denominated in United States dollar per American depositary share. All Long Term Incentive Plan Awards will vest in 2027, three weeks after the date of completion of the share purchase for the awards for the financial year ending December 31, 2026.
FAQ
What does the HUTCHMED (HCM) Form 3 filing by Lorenso Chiu show?
The Form 3 shows Lorenso Chiu’s existing HUTCHMED equity holdings, including options over American depositary shares, Long Term Incentive Plan awards, and directly held ordinary shares and ADSs. It is an initial ownership report, not a record of new trades.
What Long Term Incentive Plan awards are reported for HUTCHMED Deputy CFO Lorenso Chiu?
The filing reports 8,108 ordinary shares under a Long Term Incentive Plan, held indirectly by a plan trustee. Footnotes state these awards will vest in 2027, three weeks after completion of the share purchase for the financial year ending December 31, 2026.