Legend Biotech (LEGN) director reports initial shares, RSUs and options
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Legend Biotech Corp director Ji Darren Xiaohui reported his initial ownership on a Form 3. He directly holds 63,773 ordinary shares, including 34,662 restricted share units that vest in staged quarterly installments through future dates. He also holds an option immediately exercisable for 30,000 ordinary shares at an exercise price of 11.50, expiring on June 5, 2030. Each American Depositary Share represents two ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ji Darren Xiaohui
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Share Option (right to buy) — 30,000 shares (Direct);
Ordinary Shares — 63,773 shares (Direct)
Footnotes (1)
- The Ordinary Shares of the Issuer may be represented by American Depositary Shares ("ADSs"). Each ADS represents two ordinary shares of the Issuer. Includes 34,662 restricted share units (the "RSUs"). Each RSU represents a contingent right to receive one ordinary share of the Issuer upon settlement. 9,636 RSUs have settled, with the remainder vesting (i) as to 2,834 RSUs, in 3 equal quarterly installments beginning on March 20, 2026, (ii) as to 7,948 RSUs, in 7 equal quarterly installments beginning on March 20, 2026, and (iii) as to 14,244 RSUs, with 25% of the shares vesting on June 20, 2026 with the remainder vesting in the following 8 equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each such vesting date. All of the shares subject to the option are immediately exercisable.
FAQ
What insider position did Ji Darren Xiaohui report at Legend Biotech (LEGN)?
Ji Darren Xiaohui reported an initial ownership position as a director of Legend Biotech, holding 63,773 ordinary shares directly. This total includes both settled and unvested restricted share units that will convert into ordinary shares over time, subject to continued service.
What stock options does Ji Darren Xiaohui have in Legend Biotech?
He holds a share option immediately exercisable for 30,000 ordinary shares at an exercise price of 11.50, expiring on June 5, 2030. This option is a derivative security that can be converted into ordinary shares at the stated price anytime before expiration.
Over what schedule do Ji Darren Xiaohui’s RSUs in LEGN vest?
His RSUs vest in several tranches. Certain RSUs vest in three or seven equal quarterly installments beginning March 20, 2026, while another block vests 25% on June 20, 2026, with the remainder in eight equal quarterly installments, all requiring continued service.