Kai-Xian Chen - 31 Dec 2024 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Role
Director
Signature
/s/ Bruce Blefeld, Attorney-in-Fact
Issuer symbol
ZLAB
Transactions as of
31 Dec 2024
Net transactions value
-$214,626
Form type
4
Filing time
03 Jan 2025, 17:23:14 UTC
Previous filing
20 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZLAB American Depositary Shares Tax liability $81,171 -2,644 -3.7% $30.70 68,528 03 Jan 2023 Direct F1, F2, F5
transaction ZLAB American Depositary Shares Sale $133,455 -7,750 -11% $17.22 60,778 01 Jul 2024 Direct F1, F3
transaction ZLAB American Depositary Shares Disposed to Issuer $0 -21,253 -35% $0.000000 39,525 31 Dec 2024 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kai-Xian Chen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 Represents the disposition of shares to the Issuer to cover taxes.
F3 These ADSs were sold automatically to cover taxes.
F4 Represents the forfeiture of the unvested restricted shares upon the Reporting Person's resignation from the Issuer's board of directors on December 31, 2024.
F5 Reflects the number of ADSs beneficially owned by the Reporting Person following the transaction reported in the last Form 4 of the Reporting Person, which was filed on June 20, 2024, as adjusted for this transaction.