Joshua L. Smiley - Mar 12, 2025 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Role: President and Chief Operating Officer
Signature: /s/ Bruce Blefeld, Attorney-in-Fact
Stock symbol: ZLAB
Transactions as of: Mar 12, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/14/2025, 05:13 PM
Previous filing: Aug 19, 2024
Next filing: Apr 3, 2025
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	+78.6K		$0.00	78.6K	Mar 12, 2025	American Depositary Shares	78.6K	$35.55	Direct	F1, F2
transaction	ZLAB	Restricted Share Units	Award	$0	+25.6K		$0.00	25.6K	Mar 12, 2025	American Depositary Shares	25.6K		Direct	F1, F3, F4

Showing 1 to 2 of 2 entries

* 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	The option vests in equal annual installments over four years beginning on 03/12/2026, the first anniversary of the date of grant, subject to continuous service.
F3	Each Restricted Share Unit ("RSU") represents a contingent right to receive one ADS.
F4	The RSUs vest in equal annual installments over four years beginning on 03/12/2026, the first anniversary of the date of grant, subject to continuous service. Vested shares will be delivered in the form of ADSs to the reporting person following vesting.

Remarks:

President and Chief Operating Officer