Fu Tao - May 26, 2021 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Role
President & COO, Director
Signature
/s/ Bruce A. Blefeld, Attorney-in-Fact
Stock symbol
ZLAB
Transactions as of
May 26, 2021
Transactions value $
-$1,404,836
Form type
4
Date filed
5/26/2021, 08:20 PM
Next filing
Jun 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZLAB Ordinary Shares Options Exercise $189K +10K +4.83% $18.92 217K May 26, 2021 Direct F1
transaction ZLAB Ordinary Shares Sale -$446K -2.81K -1.3% $158.55* 214K May 26, 2021 Direct F1, F2
transaction ZLAB Ordinary Shares Sale -$939K -5.89K -2.75% $159.44* 208K May 26, 2021 Direct F1, F3
transaction ZLAB Ordinary Shares Sale -$48K -300 -0.14% $160.14* 208K May 26, 2021 Direct F1
transaction ZLAB Ordinary Shares Sale -$161K -1K -0.48% $161.37* 207K May 26, 2021 Direct F1
holding ZLAB Ordinary Shares 108K May 26, 2021 See footnote 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 Stock Options (Right to Buy) Options Exercise $0 -10K -2.13% $0.00 460K May 26, 2021 Ordinary Shares 10K $18.92 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction was effected pursuant to a sales plan adopted by the Reporting Person, dated March 17, 2021, expires September 15, 2021 and is intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.
F2 Reflects a weighted average sale price of $158.55 per share, at prices ranging from $157.95 to $158.84 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3 Reflects a weighted average sale price of $159.44 per share, at prices ranging from $159.02 to $159.99 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4 Shares held by Reporting Person's spouse.
F5 The Stock Options vest in equal annual installments over five years beginning on 09/24/2019, the first anniversary of the date of grant.