Ying Du - Mar 3, 2023 Form 4/A - Amendment Insider Report for Zai Lab Ltd (ZLAB)

Role
Chairperson & CEO, Director
Signature
/s/ Bruce Blefeld, Attorney-in-Fact
Stock symbol
ZLAB
Transactions as of
Mar 3, 2023
Transactions value $
-$4,722,738
Form type
4/A - Amendment
Date filed
3/8/2023, 03:11 PM
Date Of Original Report
Mar 7, 2023
Previous filing
Jun 27, 2022
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZLAB American Depositary Shares Gift $0 -426 -0.05% $0.00 815K Mar 3, 2023 Direct F1, F2, F3
transaction ZLAB American Depositary Shares Gift $0 -426 -0.05% $0.00 815K Mar 3, 2023 Direct F1, F4, F5
transaction ZLAB American Depositary Shares Options Exercise $180K +300K +36.81% $0.60* 1.11M Mar 6, 2023 Direct F1, F6, F7
transaction ZLAB American Depositary Shares Tax liability -$4.9M -121K -10.84% $40.55 994K Mar 6, 2023 Direct F1, F8, F9

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) Options Exercise $0 -300K -33.74% $0.00 589K Mar 6, 2023 American Depositary Shares 300K $0.60 Direct F6, F10
* 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 As a result of a typographical error, the original Form 4 reporting this transaction stated the wrong transaction date.
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 As a result of a typographical error, the original Form 4 reporting this transaction stated the wrong transaction date.
F5 This transaction represents a bona fide gift of securities by the reporting person to the reporting person's adult child.
F6 The reported transaction was effected pursuant to a sale plan adopted by the Reporting Person, dated 12/13/2022, that expires on 12/20/2023 and is intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1034.
F7 As a result of a typographical error, the original Form 4 reporting this transaction stated the wrong transaction price.
F8 This transaction represents the disposition of shares to cover taxes.
F9 As a result of a typographical error, the original Form 4 reporting this transaction stated the wrong transaction price.
F10 The Stock Options fully vested as of October 22, 2020.