Ying Du - Aug 2, 2021 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Signature
/s/ Bruce A. Blefeld, Attorney-in-Fact
Stock symbol
ZLAB
Transactions as of
Aug 2, 2021
Transactions value $
-$16,043,348
Form type
4
Date filed
8/3/2021, 08:15 PM
Previous filing
Jul 2, 2021
Next filing
Sep 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 +11.05% $0.60* 1.12M Aug 2, 2021 Direct F1
transaction ZLAB Ordinary Shares Sale -$435K -3.12K -0.28% $139.62* 1.11M Aug 2, 2021 Direct F1, F2
transaction ZLAB Ordinary Shares Sale -$289K -2.05K -0.18% $140.68* 1.11M Aug 2, 2021 Direct F1, F3
transaction ZLAB Ordinary Shares Sale -$287K -2.03K -0.18% $141.73* 1.11M Aug 2, 2021 Direct F1, F4
transaction ZLAB Ordinary Shares Sale -$579K -4.04K -0.37% $143.30* 1.1M Aug 2, 2021 Direct F1, F5
transaction ZLAB Ordinary Shares Sale -$1.47M -10.2K -0.97% $144.09* 1.04M Aug 2, 2021 Direct F1, F6
transaction ZLAB Ordinary Shares Sale -$8.77M -60.4K -5.52% $145.14* 1.03M Aug 2, 2021 Direct F1, F7
transaction ZLAB Ordinary Shares Sale -$448K -3.07K -0.27% $145.83* 1.12M Aug 2, 2021 Direct F1, F8
transaction ZLAB Ordinary Shares Sale -$54K -381 -0.04% $141.78* 1.03M Aug 3, 2021 Direct F1, F9
transaction ZLAB Ordinary Shares Sale -$138K -963 -0.09% $143.39* 1.03M Aug 3, 2021 Direct F1, F10
transaction ZLAB Ordinary Shares Sale -$202K -1.4K -0.14% $144.71* 1.03M Aug 3, 2021 Direct F1, F11
transaction ZLAB Ordinary Shares Sale -$778K -5.34K -0.52% $145.75* 1.03M Aug 3, 2021 Direct F1, F12
transaction ZLAB Ordinary Shares Sale -$1.9M -13K -1.26% $146.68* 1.01M Aug 3, 2021 Direct F1, F13
transaction ZLAB Ordinary Shares Sale -$757K -5.13K -0.51% $147.64* 1.01M Aug 3, 2021 Direct F1, F14
transaction ZLAB Ordinary Shares Sale -$7.41K -50 0% $148.24* 1.01M Aug 3, 2021 Direct F1

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 -10% $0.00 1M Aug 2, 2021 Ordinary Shares 111K $0.60 Direct F1, F15
* 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 $139.62 per share, at prices ranging from $139.19 to $140.18 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 $140.68 per share, at prices ranging from $140.29 to $141.29 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 $141.73 per share, at prices ranging from $141.33 to $142.30 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.
F5 Reflects a weighted average sale price of $143.30 per share, at prices ranging from $142.66 to $143.65 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 $144.09 per share, at prices ranging from $143.69 to $144.69 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 $145.14 per share, at prices ranging from $144.70 to $145.69 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 $145.83 per share, at prices ranging from $145.73 to $146.03 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.
F9 Reflects a weighted average sale price of $141.78 per share, at prices ranging from $141.39 to $142.18 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 $143.39 per share, at prices ranging from $143.06 to $143.90 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 $144.71 per share, at prices ranging from $144.09 to $145.07 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 $145.75 per share, at prices ranging from $145.18 to $146.17 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.
F13 Reflects a weighted average sale price of $146.68 per share, at prices ranging from $146.22 to $147.22 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 $147.64 per share, at prices ranging from $147.23 to $148.20 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.
F15 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.