Yajing Chen - Nov 1, 2023 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Role
Chief Financial Officer
Signature
/s/ Bruce Blefeld, Attorney-in-Fact
Stock symbol
ZLAB
Transactions as of
Nov 1, 2023
Transactions value $
-$4,163
Form type
4
Date filed
11/3/2023, 04:44 PM
Previous filing
Oct 3, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZLAB American Depositary Shares Options Exercise +500 +7.52% 7.15K Nov 1, 2023 Direct F1, F2, F3
transaction ZLAB American Depositary Shares Sale -$4.16K -165 -2.31% $25.23 6.98K Nov 2, 2023 Direct F1, F4

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 Restricted Share Units Options Exercise $0 -500 -33.33% $0.00 1K Nov 1, 2023 American Depositary Shares 500 Direct F1, F3, F5
* 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 ADSs acquired on vesting of Restricted Share Units. Each ADS represents ten Ordinary Shares of the issuer.
F3 Each Restricted Share Unit represents a contingent right to receive one ADS, which represents ten Ordinary Shares of the issuer.
F4 These ADSs were sold automatically to cover taxes upon vesting of Restricted Share Units.
F5 The Restricted Share Units vest in equal annual installments over four years beginning on 11/01/2022, the first anniversary of the date of grant. Vested shares will be delivered to the reporting person following vesting.