Neil Josephson - May 16, 2021 Form 3 Insider Report for Zymeworks Inc. (ZYME)

Role
Interim Chief Medical Officer
Signature
/s/ Daniel Dex, Attorney-in-Fact
Stock symbol
ZYME
Transactions as of
May 16, 2021
Transactions value $
$0
Form type
3
Date filed
5/25/2021, 09:00 PM
Next filing
Jul 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ZYME Common Shares 1.59K May 16, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ZYME Stock Option (Right to Buy) May 16, 2021 Common Shares 80K $19.11 Direct F1
holding ZYME Stock Option (Right to Buy) May 16, 2021 Common Shares 13.1K $35.20 Direct F2
holding ZYME Stock Option (Right to Buy) May 16, 2021 Common Shares 30K $34.82 Direct F3
holding ZYME Stock Option (Right to Buy) May 16, 2021 Common Shares 15K $29.49 Direct F4
holding ZYME Restricted Stock Unit May 16, 2021 Common Shares 1.46K Direct F5, F6
holding ZYME Restricted Stock Unit May 16, 2021 Common Shares 5K Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock options vest as follows: (i) 25% on May 6, 2020 (the first anniversary of grant date) and (ii) remainder in 36 equal monthly installments on last day of each month following first anniversary of grant date.
F2 Stock options vest as follows: (i) 25% on March 10, 2021 (the first anniversary of grant date) and (ii) remainder in 36 equal monthly installments on last day of each month following first anniversary of grant date.
F3 Stock options vest as follows: (i) 25% on March 10, 2022 (the first anniversary of grant date) and (ii) remainder in 36 equal monthly installments on last day of each month following first anniversary of grant date.
F4 Stock options vest as follows: (i) 25% on May 6, 2022 (the first anniversary of grant date) and (ii) remainder in 36 equal monthly installments on last day of each month following first anniversary of grant date.
F5 The restricted stock units vest in two equal annual installments beginning on March 10, 2022.
F6 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F7 The restricted stock units vest in three equal annual installments beginning on March 10, 2022.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney