Ying Du - Jul 1, 2021 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Signature
/s/ Bruce A. Blefeld, Attorney-in-Fact
Stock symbol
ZLAB
Transactions as of
Jul 1, 2021
Transactions value $
-$19,445,083
Form type
4
Date filed
7/2/2021, 06:02 PM
Previous filing
Jun 2, 2021
Next filing
Aug 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZLAB Ordinary Shares Options Exercise $66.7K +111K +11.02% $0.60* 1.12M Jul 1, 2021 Direct F1
transaction ZLAB Ordinary Shares Sale -$7.18M -41.3K -3.69% $174.05* 1.08M Jul 1, 2021 Direct F1, F2
transaction ZLAB Ordinary Shares Sale -$1.17M -6.67K -0.62% $175.16* 1.07M Jul 1, 2021 Direct F1, F3
transaction ZLAB Ordinary Shares Sale -$777K -4.41K -0.41% $176.04* 1.07M Jul 1, 2021 Direct F1, F4
transaction ZLAB Ordinary Shares Sale -$1.55M -8.76K -0.82% $177.14* 1.06M Jul 1, 2021 Direct F1, F5
transaction ZLAB Ordinary Shares Sale -$3.9M -21.9K -2.07% $178.22* 1.04M Jul 1, 2021 Direct F1, F6
transaction ZLAB Ordinary Shares Sale -$155K -865 -0.08% $178.83* 1.04M Jul 1, 2021 Direct F1, F7
transaction ZLAB Ordinary Shares Sale -$2.52M -14.4K -1.39% $174.97* 1.02M Jul 2, 2021 Direct F1, F8
transaction ZLAB Ordinary Shares Sale -$2.08M -11.8K -1.16% $175.55* 1.01M Jul 2, 2021 Direct F1, F9
transaction ZLAB Ordinary Shares Sale -$93.2K -527 -0.05% $176.76* 1.01M Jul 2, 2021 Direct F1, F10
transaction ZLAB Ordinary Shares Sale -$85.9K -483 -0.05% $177.84* 1.01M Jul 2, 2021 Direct F1, F11

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 +111K +11.11% $0.00 1.11M Jul 1, 2021 Ordinary Shares 111K $0.60 Direct F1, F12
* 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 $174.05 per share, at prices ranging from $173.68 to $174.60 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 $175.16 per share, at prices ranging from $174.70 to $175.68 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 $176.04 per share, at prices ranging from $175.70 to $176.63 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 $177.14 per share, at prices ranging from $176.76 to $177.71 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 $178.22 per share, at prices ranging from $177.79 to $178.79 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 $178.83 per share, at prices ranging from $178.80 to $178.89 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.
F8 Reflects a weighted average sale price of $174.97 per share, at prices ranging from $174.36 to $175.35 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 $175.55 per share, at prices ranging from $175.36 to $176.31 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 $176.76 per share, at prices ranging from $176.40 to $177.17 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 $177.84 per share, at prices ranging from $177.74 to $178.03 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 The Stock Options fully vested as of October 22, 2020.

Remarks:

The Power of Attorney given by Ms. Du was previously filed with the U.S. Securities and Exchange Commission on January 4, 2021 as an exhibit to the Form 3 filed by Ms. Du.