Christopher Astle - Jan 5, 2023 Form 4 Insider Report for Zymeworks Inc. (ZYME)

Signature
/s/ Daniel Dex, Attorney-in-Fact
Stock symbol
ZYME
Transactions as of
Jan 5, 2023
Transactions value $
$0
Form type
4
Date filed
1/6/2023, 07:00 PM
Previous filing
Dec 23, 2022
Next filing
Dec 11, 2023

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
transaction ZYME Stock Option (Right to Buy) Award $0 +47K $0.00 47K Jan 5, 2023 Common Stock 47K $8.00 Direct F1
transaction ZYME Restricted Stock Unit Award $0 +31.5K $0.00 31.5K Jan 5, 2023 Common Stock 31.5K Direct F2, F3
* 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% of underlying shares of common stock on first anniversary of grant date and (ii) remainder of underlying shares of common stock in 36 equal monthly installments on last day of month following first anniversary of grant date.
F2 Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F3 The RSUs vest in three equal annual installments beginning on January 5, 2024.