Du Ying - 01 Jun 2021 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Signature
/s/ Bruce A. Blefeld, Attorney-in-Fact
Issuer symbol
ZLAB
Transactions as of
01 Jun 2021
Net transactions value
-$19,522,584
Form type
4
Filing time
02 Jun 2021, 21:00:27 UTC
Previous filing
02 Jun 2021
Next filing
02 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZLAB Ordinary Shares Options Exercise $66,667 +111,111 +11% $0.6000* 1,119,764 01 Jun 2021 Direct F1
transaction ZLAB Ordinary Shares Sale $1,888,859 -10,929 -0.98% $172.83* 1,108,835 01 Jun 2021 Direct F1, F2
transaction ZLAB Ordinary Shares Sale $4,321,810 -24,868 -2.2% $173.79* 1,083,967 01 Jun 2021 Direct F1, F3
transaction ZLAB Ordinary Shares Sale $2,523,867 -14,451 -1.3% $174.65* 1,069,516 01 Jun 2021 Direct F1, F4
transaction ZLAB Ordinary Shares Sale $1,245,824 -7,087 -0.66% $175.79* 1,062,429 01 Jun 2021 Direct F1, F5
transaction ZLAB Ordinary Shares Sale $435,997 -2,468 -0.23% $176.66* 1,059,961 01 Jun 2021 Direct F1, F6
transaction ZLAB Ordinary Shares Sale $1,732,635 -9,735 -0.92% $177.98* 1,050,226 01 Jun 2021 Direct F1, F7
transaction ZLAB Ordinary Shares Sale $2,595,404 -14,510 -1.4% $178.87* 1,035,716 01 Jun 2021 Direct F1, F8
transaction ZLAB Ordinary Shares Sale $3,165,008 -17,600 -1.7% $179.83* 1,018,116 01 Jun 2021 Direct F1, F9
transaction ZLAB Ordinary Shares Sale $159,133 -911 -0.09% $174.68* 1,017,205 02 Jun 2021 Direct F1, F10
transaction ZLAB Ordinary Shares Sale $156,428 -889 -0.09% $175.96* 1,016,316 02 Jun 2021 Direct F1, F11
transaction ZLAB Ordinary Shares Sale $519,378 -2,936 -0.29% $176.90* 1,013,380 02 Jun 2021 Direct F1, F12
transaction ZLAB Ordinary Shares Sale $367,046 -2,066 -0.2% $177.66* 1,011,314 02 Jun 2021 Direct F1, F13
transaction ZLAB Ordinary Shares Sale $175,583 -983 -0.1% $178.62* 1,010,331 02 Jun 2021 Direct F1, F14
transaction ZLAB Ordinary Shares Sale $248,580 -1,381 -0.14% $180.00* 1,008,950 02 Jun 2021 Direct F1, F15
transaction ZLAB Ordinary Shares Sale $53,698 -297 -0.03% $180.80* 1,008,653 02 Jun 2021 Direct F1, F16

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 +111,111 +10% $0.000000 1,222,498 01 Jun 2021 Ordinary Shares 111,111 $0.6000 Direct F1, F17
* 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 3, 2021, expires December 31, 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 $172.83 per share, at prices ranging from $172.23 to $173.23 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 $173.79 per share, at prices ranging from $173.24 to $174.24 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 Reflects a weighted average sale price of $174.65 per share, at prices ranging from $174.245 to $175.245 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.
F5 Reflects a weighted average sale price of $175.79 per share, at prices ranging from $175.25 to $176.23 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.
F6 Reflects a weighted average sale price of $176.66 per share, at prices ranging from $176.29 to $177.20 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.
F7 Reflects a weighted average sale price of $177.98 per share, at prices ranging from $177.34 to $178.33 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.
F8 Reflects a weighted average sale price of $178.87 per share, at prices ranging from $178.39 to $179.38 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.
F9 Reflects a weighted average sale price of $179.83 per share, at prices ranging from $179.39 to $180.27 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.
F10 Reflects a weighted average sale price of $174.68 per share, at prices ranging from $174.28 to $175.24 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.
F11 Reflects a weighted average sale price of $175.96 per share, at prices ranging from $175.30 to $176.30 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.
F12 Reflects a weighted average sale price of $176.90 per share, at prices ranging from $176.32 to $177.32 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.
F13 Reflects a weighted average sale price of $177.66 per share, at prices ranging from $177.36 to $178.27 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.
F14 Reflects a weighted average sale price of $178.62 per share, at prices ranging from $178.37 to $179.08 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.
F15 Reflects a weighted average sale price of $180.00 per share, at prices ranging from $179.50 to $180.42 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.
F16 Reflects a weighted average sale price of $180.80 per share, at prices ranging from $180.62 to $180.89 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.
F17 The Stock Options fully vested as of October 22, 2020.