Joshua L. Smiley - 15 Aug 2022 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Role
Chief Operating Officer
Signature
/s/ Bruce A. Blefeld, Attorney-in-Fact
Issuer symbol
ZLAB
Transactions as of
15 Aug 2022
Net transactions value
$0
Form type
4
Filing time
16 Aug 2022, 16:05:15 UTC
Previous filing
03 Aug 2022
Next filing
05 Apr 2023
SEC
View on sec.gov

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 ZLAB Stock Options (Right to Buy) Award $0 +139,000 $0.000000 139,000 15 Aug 2022 American Depositary Shares 139,000 $45.78 Direct F1, F2
transaction ZLAB Restricted Share Units Award $0 +79,500 $0.000000 79,500 15 Aug 2022 American Depositary Shares 79,500 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Stock Option is exercisable for one American Depositary Share (ADS), which represents ten Ordinary Shares of the issuer.
F2 The Stock Options vest in equal annual installments over five years beginning on 08/15/2023, the first anniversary of the date of grant.
F3 Each Restricted Share Unit represents a contingent right to receive one American Depositary Share (ADS), which represents ten Ordinary Shares of the issuer.
F4 The Restricted Share Units vest in equal annual installments over five years beginning on 08/15/2023, the first anniversary of the date of grant. Vested shares will be delivered to the reporting person following vesting.