Hutchmed (China) Limited (HCM) has released an update.
HUTCHMED (China) Limited has announced the vesting of non-performance based awards under its Long Term Incentive Plan (LTIP) for key managerial personnel, with a total of 2,397 American depositary shares (ADS) vested for each, except for Mr. Paul Carter, who received 2,038 ADS. The ADS were received either by the individuals or by their respective employers in lieu of direct receipt. The vesting event, which was initially granted in 2020, took place on April 20, 2024, and was conducted outside a trading venue.
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