Zai Lab Expands Employee Equity Awards Under 2024 Incentive Plan
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Zai Lab Ltd has announced the granting of new equity awards under its 2024 Equity Incentive Plan, including share options and restricted share units to 45 option grantees and 471 RSU grantees. The plan includes 268,500 options priced at US$20.34 per ADS and 603,851 RSUs at no purchase price. These awards aim to retain and motivate employees, aligning their interests with long-term shareholder value. The current analyst rating for Zai Lab's stock (HK:9688) is a Hold with a price target of HK$15.00.
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