Ying Du - Sep 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
Sep 1, 2021
Transactions value $
-$11,790,580
Form type
4
Date filed
9/3/2021, 06:43 PM
Previous filing
Aug 3, 2021
Next filing
Sep 8, 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 Sep 1, 2021 Direct F1
transaction ZLAB Ordinary Shares Sale -$599K -4.17K -0.37% $143.77* 1.12M Sep 1, 2021 Direct F1, F2
transaction ZLAB Ordinary Shares Sale -$678K -4.69K -0.42% $144.62* 1.11M Sep 1, 2021 Direct F1, F3
transaction ZLAB Ordinary Shares Sale -$275K -1.88K -0.17% $145.92* 1.11M Sep 1, 2021 Direct F1, F4
transaction ZLAB Ordinary Shares Sale -$1M -6.83K -0.62% $146.96* 1.1M Sep 1, 2021 Direct F1, F5
transaction ZLAB Ordinary Shares Sale -$1.02M -6.93K -0.63% $147.63* 1.1M Sep 1, 2021 Direct F1, F6
transaction ZLAB Ordinary Shares Sale -$561K -3.77K -0.34% $148.77* 1.09M Sep 1, 2021 Direct F1, F7
transaction ZLAB Ordinary Shares Sale -$26.3K -176 -0.02% $149.63* 1.09M Sep 1, 2021 Direct F1, F8
transaction ZLAB Ordinary Shares Sale -$1.05M -7.25K -0.66% $144.73* 1.08M Sep 2, 2021 Direct F1, F9
transaction ZLAB Ordinary Shares Sale -$1.73M -11.9K -1.09% $145.85* 1.07M Sep 2, 2021 Direct F1, F10
transaction ZLAB Ordinary Shares Sale -$1.25M -8.57K -0.8% $146.35* 1.06M Sep 2, 2021 Direct F1, F11
transaction ZLAB Ordinary Shares Sale -$156K -1.06K -0.1% $147.75* 1.06M Sep 2, 2021 Direct F1, F12
transaction ZLAB Ordinary Shares Sale -$876K -6.08K -0.57% $143.94* 1.06M Sep 3, 2021 Direct F1, F13
transaction ZLAB Ordinary Shares Sale -$1.07M -7.37K -0.7% $144.84* 1.05M Sep 3, 2021 Direct F1, F14
transaction ZLAB Ordinary Shares Sale -$1.38M -9.44K -0.9% $145.70* 1.04M Sep 3, 2021 Direct F1, F15
transaction ZLAB Ordinary Shares Sale -$183K -1.25K -0.12% $146.55* 1.04M Sep 3, 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 -111K -11.11% $0.00 889K Sep 1, 2021 Ordinary Shares 111K $0.60 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 $143.77 per share, at prices ranging from $143.07 to $144.07 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.
F3 Reflects a weighted average sale price of $144.62 per share, at prices ranging from $144.09 to $145.01 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 $145.92 per share, at prices ranging from $145.24 to $146.24 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.
F5 Reflects a weighted average sale price of $146.96 per share, at prices ranging from $146.27 to $147.27 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.
F6 Reflects a weighted average sale price of $147.63 per share, at prices ranging from $147.28 to $148.15 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 $148.77 per share, at prices ranging from $148.35 to $149.22 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.
F8 Reflects a weighted average sale price of $149.63 per share, at prices ranging from $149.58 to $149.63 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.
F9 Reflects a weighted average sale price of $144.73 per share, at prices ranging from $144.15 to $145.15 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 $145.85 per share, at prices ranging from $145.17 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.
F11 Reflects a weighted average sale price of $146.35 per share, at prices ranging from $146.18 to $147.11 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 $147.75 per share, at prices ranging from $147.27 to $148.27 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.
F13 Reflects a weighted average sale price of $143.94 per share, at prices ranging from $143.32 to $144.31 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.
F14 Reflects a weighted average sale price of $144.84 per share, at prices ranging from $144.37 to $145.37 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 $145.70 per share, at prices ranging from $145.38 to $146.36 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 $146.55 per share, at prices ranging from $146.39 to $146.79 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.
F17 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."