Hhlr Advisors, Ltd. - Jun 8, 2023 Form 4 Insider Report for BeiGene, Ltd. (BGNE)

Role
10%+ Owner
Signature
HHLR Advisors, Ltd. /s/ Audrey Woon, Chief Compliance Officer
Stock symbol
BGNE
Transactions as of
Jun 8, 2023
Transactions value $
-$597,183,858
Form type
4
Date filed
6/12/2023, 09:57 PM
Previous filing
Aug 24, 2022
Next filing
Jun 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BGNE Ordinary Shares Sale -$254M -1.16M -0.79% $218.14 146M Jun 8, 2023 See Footnotes F1, F6, F7
transaction BGNE Ordinary Shares Sale -$27.9M -214K -0.15% $130.35 146M Jun 9, 2023 See Footnotes F2, F3, F6, F7
transaction BGNE Ordinary Shares Sale -$71.4M -329K -0.23% $217.02 145M Jun 9, 2023 See Footnotes F1, F6, F7
transaction BGNE Ordinary Shares Sale -$36.8M -281K -0.19% $130.83 145M Jun 12, 2023 See Footnotes F2, F4, F6, F7
transaction BGNE Ordinary Shares Sale -$207M -969K -0.67% $213.91 144M Jun 12, 2023 See Footnotes F1, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares sold were in the form of ADS. The reported price is the price of each ADS sold, the price was paid in USD. Each ADS represents 13 Ordinary Shares.
F2 The ordinary shares were sold through the Stock Exchange of Hong Kong, the price was paid in HKD.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from HKD130.2787 to HKD130.550, inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of ordinary shares sold at each separate price.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from HKD131.7943 to HKD131.0298 inclusive. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of ordinary shares sold at each separate price.
F5 Consists of (i) 130,638,051 ordinary shares held by funds managed by HHLR (as defined below), of which 54,737,800 ordinary shares are held in the form of 4,210,600 ADSs and (ii) 13,448,318 ordinary shares held by a fund managed by HIM (as defined below), of which 13,445,978 ordinary shares are held in the form of 1,034,306 ADSs.
F6 This form is filed by (i) HHLR Advisors, Ltd., an exempted Cayman Islands company ("HHLR") and (ii) Hillhouse Investment Management, Ltd., an exempted Cayman Islands company ("HIM"). The foregoing persons are hereinafter sometimes each referred to as a "Reporting Person" and collectively referred to as the "Reporting Persons." HHLR and HIM are under common control and share certain policies, personnel and resources. Accordingly, HHLR and HIM are filing this Form 4 jointly.
F7 The securities to which this filing relates are held by HHLR Fund, L.P., an exempted Cayman Islands limited partnership ("HHLR Fund"), YHG Investment, L.P., an exempted Cayman Islands limited partnership ("YHG"), and BGN Holdings Limited, an exempted Cayman Islands company ("BGN"). HHLR acts as the sole management company of HHLR Fund and the sole investment manager of YHG. HIM acts as the sole management company of Hillhouse Fund II, L.P. ("Fund II"). BGN is wholly owned by Fund II. The filing of this statement shall not be deemed an admission that either Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.