BeOne Medicines (ONC) grants director Shalini Sharp 18,980 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sharp Shalini reported acquisition or exercise transactions in this Form 4 filing.
BeOne Medicines Ltd. director Shalini Sharp reported a compensation-related equity award. She received 18,980 Ordinary Shares for no cash payment, described as securities underlying restricted share units that vest on the earlier of the first anniversary of the grant date or the next annual general meeting, subject to continued board service and possible accelerated vesting under the company’s Independent Non-Executive Director Compensation Policy. After this award, she directly holds 38,116 Ordinary Shares. A separate line shows direct ownership of 9 American Depositary Shares, with each American Depositary Share representing 13 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sharp Shalini
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 18,980 | $0.00 | -- |
| holding | American Depositary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 38,116 shares (Direct, null);
American Depositary Shares — 9 shares (Direct, null)
Footnotes (1)
- Represents securities underlying restricted share units. The restricted share units shall become fully vested on the earlier to occur of the first anniversary of the grant date or the date of the next annual general meeting; provided, however, that all vesting shall cease if the director resigns from the board of directors or otherwise ceases to serve as a director, unless there is a triggering event of accelerated vesting pursuant to the Company's Independent Non-Executive Director Compensation Policy. Each American Depositary Share represents 13 Ordinary Shares.
Key Figures
Equity grant: 18,980 Ordinary Shares
Total Ordinary Shares held: 38,116 Ordinary Shares
ADS holdings: 9 American Depositary Shares
+2 more
5 metrics
Equity grant
18,980 Ordinary Shares
Grant/award acquisition to director Shalini Sharp at $0.0000 per share
Total Ordinary Shares held
38,116 Ordinary Shares
Direct non-derivative holdings after the reported transaction
ADS holdings
9 American Depositary Shares
Direct holdings in ADS form following the transaction
ADS-to-Ordinary ratio
1 ADS = 13 Ordinary Shares
Conversion ratio stated in Form 4 footnote
Grant price
$0.0000 per share
Stated transaction price per granted Ordinary Share
Key Terms
restricted share units, American Depositary Share, Independent Non-Executive Director Compensation Policy
3 terms
Independent Non-Executive Director Compensation Policy financial
"unless there is a triggering event of accelerated vesting pursuant to the Company's Independent Non-Executive Director Compensation Policy."
FAQ
What insider transaction did BeOne Medicines (ONC) report for Shalini Sharp?
BeOne Medicines reported that director Shalini Sharp received 18,980 Ordinary Shares as a grant or award. The shares are tied to restricted share units that vest over time, reflecting compensation rather than an open-market purchase or sale.
Is Shalini Sharp’s BeOne Medicines Form 4 transaction a market buy or a compensation grant?
The transaction is categorized as a grant, award, or other acquisition of 18,980 Ordinary Shares at a price of $0.0000 per share. Footnote language describing restricted share units and vesting indicates this is compensation-related, not an open-market purchase or sale.