Frazor Titus Edmondson III - 06 Mar 2023 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Signature
/s/ Bruce A. Blefeld, Attorney-in-Fact
Issuer symbol
ZLAB
Transactions as of
06 Mar 2023
Net transactions value
-$322,981
Form type
4
Filing time
07 Mar 2023, 15:05:43 UTC
Previous filing
19 Aug 2022
Next filing
03 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZLAB American Depositary Shares Sale $322,981 -7,965 -29% $40.55 19,400 06 Mar 2023 Direct F1, F2
* 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. The issuer's ADSs and Ordinary Shares are fully fungible, and this Form 4 reports transactions in terms of ADSs.
F2 The reported transaction was effected pursuant to a sale plan adopted by the Reporting Person, dated 11/14/2022, that expires on 11/30/2023 and is intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.