Xiaobin Wu Sells $1.05M of BeiGene Ltd (BGNE) — SEC Form 4, Sep 05, 2024

Open-Market Net Sale · SEC Form 4
−$1,053,677
10b5-1 Plan

Equity position changed by -0.5%

Reporting Owner
TXN 2024-09-03 · FILED 2024-09-05
Equity Position 1.15M sh 1,157,273 → 1,151,717
Equity Change -0.5% shares held after vs before
Filing Lag 2 business days within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2024-09-05
Report Date
2024-09-03
Accession No.
0001651308-24-000112
Accepted At
2024-09-05 21:41 UTC
Reporting Owner
Name Relationship
Xiaobin Wu CIK 0001739452
COO
Xiaobin Wu at BeiGene Ltd Full insider history
Bought (12 mo) —
Sold (12 mo) $8,753,697
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All filings by this insider at BeiGene Ltd
Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
American Depositary SharesF1F5F6 2024-09-03 S - Sale 10b5-1 2,032 D $188.16 -$382,337 3,524 Direct
American Depositary SharesF1F5F7 2024-09-03 S - Sale 10b5-1 275 D $188.97 -$51,968 3,249 Direct
American Depositary SharesF1F5F8 2024-09-03 S - Sale 10b5-1 2,275 D $190.29 -$432,909 974 Direct
American Depositary SharesF1F5F9 2024-09-03 S - Sale 10b5-1 700 D $191.20 -$133,843 274 Direct
American Depositary SharesF1F5F10 2024-09-03 S - Sale 10b5-1 274 D $192.04 -$52,620 0 Direct
Non-Derivative Holdings
Title Shares Held Ownership
Ordinary Shares 1,135,352 Direct
American Depositary SharesF1 12,365 Direct
American Depositary SharesF1 4,000 Indirect By Wife
RMB SharesF2F3F4F4 0 Indirect See Footnote
Footnotes (10)
F1
Each American Depositary Share represents 13 Ordinary Shares. Show more
F2
The term "RMB Shares" is used herein to represent the ordinary shares, par value $0.0001 per share, of the Issuer, issued directly by the Issuer in the Issuer's initial public offering on the Science and Technology Innovation Board (the "STAR Market") of the Shanghai Stock Exchange (the "STAR Offering"), to permitted investors in Renminbi ("RMB") within the People's Republic of China ("PRC") in accordance with the rules of the STAR Market. Show more
F3
The Issuer established an employee participation program ("RMB Shares Employee Participation Plan"), which allows certain executive officers and qualified employees of the Issuer's subsidiaries in the PRC to indirectly participate in the STAR Offering and purchase certain RMB Shares from the Issuer through an asset management plan administrated by China International Capital Corporation Limited in a transaction that is exempt under Rule 16b-3. The RMB Share Employee Participation Plan purchased an aggregate of 2,069,546 RMB Shares directly from the Issuer in the STAR Offering at the initial public offering price of RMB192.6 per RMB Share (or $30.1295 based on an assumed exchange rate of $1.00 = RMB6.3924). Show more
F4
The Reporting Person, as an individual participant in the RMB Shares Employee Participation Plan, has contributed RMB15 million to the RMB Shares Employee Participation Plan. The Reporting Person may be deemed to have indirect economic interest in an indeterminable portion of the RMB Shares held by the RMB Shares Employee Participation Plan but does not have voting or dispositive power over any of such shares. The Reporting Person disclaims Section 16 beneficial ownership of the RMB Shares held by the RMB Shares Employee Participation Plan, except to the extent, if any, of his pecuniary interest therein. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such RMB Shares for Section 16 or any other purpose. Show more
F5
The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 13, 2024. Show more
F6
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $187.78 to $188.64, 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 American Depositary Shares sold at each separate price. Show more
F7
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $188.85 to $189.81, 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 American Depositary Shares sold at each separate price. Show more
F8
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $189.85 to $190.82, 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 American Depositary Shares sold at each separate price. Show more
F9
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $190.86 to $191.57, 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 American Depositary Shares sold at each separate price. Show more
F10
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $191.89 to $192.17, 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 American Depositary Shares sold at each separate price. Show more
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