Jeffrey T L Smith - Jan 5, 2024 Form 4 Insider Report for Zymeworks Inc. (ZYME)

Role
EVP & Chief Medical Officer
Signature
/s/ Daniel Dex, Attorney-in-Fact
Stock symbol
ZYME
Transactions as of
Jan 5, 2024
Transactions value $
$0
Form type
4
Date filed
1/8/2024, 06:00 PM
Previous filing
Jan 5, 2024

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 +90K $0.00 90K Jan 5, 2024 Common Stock 90K $10.56 Direct F1
transaction ZYME Restricted Stock Unit Award $0 +60K $0.00 60K Jan 5, 2024 Common Stock 60K 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, 2025.