Du Ying - 05 Jan 2022 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Role
Chairperson & CEO, Director
Signature
/s/ Bruce Blefeld, Attorney-in-Fact
Issuer symbol
ZLAB
Transactions as of
05 Jan 2022
Net transactions value
-$37,649
Form type
4
Filing time
09 Dec 2022, 15:05:15 UTC
Previous filing
09 Dec 2022
Next filing
05 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZLAB American Depositary Shares Gift $0 -475 -0.05% $0.000000 1,003,578 05 Jan 2022 Direct F1, F2, F3
transaction ZLAB American Depositary Shares Gift $0 -475 -0.05% $0.000000 1,003,103 05 Jan 2022 Direct F1, F2, F4
transaction ZLAB American Depositary Shares Gift $0 +475 $0.000000 475 05 Jan 2022 Custodian of UTMA for child F1, F2, F4
transaction ZLAB American Depositary Shares Gift $0 -14,300 -1.4% $0.000000 988,803 05 Jan 2022 Direct F1, F2, F5
transaction ZLAB American Depositary Shares Gift $0 -9,000 -0.91% $0.000000 979,803 28 Jan 2022 Direct F1, F2, F6
transaction ZLAB American Depositary Shares Tax liability $37,649 -828 -0.08% $45.47 978,975 01 Apr 2022 Direct F1, F2, F7
transaction ZLAB American Depositary Shares Gift $0 -120,000 -12% $0.000000 858,975 21 Jun 2022 Direct F1, F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each American Depositary Share (ADS) represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs.
F2 Due to inadvertent administrative error, this transaction is being filed late.
F3 This transaction represents a bona fide gift of securities by the reporting person to an UTMA account for the benefit of the reporting person's adult child.
F4 This transaction represents a bona fide gift of securities by the reporting person to an UTMA account for the benefit of the reporting person's minor child. Because such shares were gifted to UTMA custodial accounts for the benefit of the reporting person's child and for which the reporting person is the custodian, the reporting person may be deemed to have acquired indirect beneficial ownership of such shares upon gifting them to the custodial account.
F5 This transaction represents the transfer of shares held by the reporting person to a trust established for the benefit of the reporting person's children.
F6 This transaction represents a bona fide charitable contribution as a gift to a donor advisory fund.
F7 This transaction represents the disposition of shares to cover taxes.