Fu Tao - 15 Sep 2021 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Role
President & COO, Director
Signature
/s/ Bruce A. Blefeld
Issuer symbol
ZLAB
Transactions as of
15 Sep 2021
Net transactions value
-$1,076,578
Form type
4
Filing time
16 Sep 2021, 21:59:04 UTC
Previous filing
26 Aug 2021
Next filing
01 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZLAB Ordinary Shares Options Exercise $189,200 +10,000 +4.8% $18.92 217,500 15 Sep 2021 Direct F1
transaction ZLAB Ordinary Shares Sale $247,210 -1,978 -0.91% $124.98 215,522 15 Sep 2021 Direct F1, F2
transaction ZLAB Ordinary Shares Sale $390,476 -3,100 -1.4% $125.96 212,422 15 Sep 2021 Direct F1, F3
transaction ZLAB Ordinary Shares Sale $197,757 -1,541 -0.73% $128.33 210,881 15 Sep 2021 Direct F1, F4
transaction ZLAB Ordinary Shares Sale $130,195 -1,007 -0.48% $129.29* 209,874 15 Sep 2021 Direct F1, F5
transaction ZLAB Ordinary Shares Sale $74,987 -574 -0.27% $130.64* 209,300 15 Sep 2021 Direct F1, F6
transaction ZLAB Ordinary Shares Sale $171,925 -1,300 -0.62% $132.25* 208,000 15 Sep 2021 Direct F1, F7
transaction ZLAB Ordinary Shares Sale $53,228 -400 -0.19% $133.07* 207,600 15 Sep 2021 Direct F1, F8
holding ZLAB Ordinary Shares 107,500 15 Sep 2021 See footnote F9

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 -10,000 -2.3% $0.000000 420,000 15 Sep 2021 Ordinary Shares 10,000 $18.92 Direct F1, F10
* 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 $124.98 per share, at prices ranging from $124.54 to $125.36 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.
F3 Reflects a weighted average sale price of $125.96 per share, at prices ranging from $125.66 to $126.60 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.
F4 Reflects a weighted average sale price of $128.33 per share, at prices ranging from $127.81 to $128.75 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 $129.29 per share, at prices ranging from $128.84 to $129.67 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 $130.64 per share, at prices ranging from $130.33 to $131.25 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 $132.25 per share, at prices ranging from $131.66 to $132.66 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 $133.07 per share, at prices ranging from $132.74 to $133.50 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 Shares held by Reporting Person's spouse.
F10 The Stock Options vest in equal annual installments over five years beginning on 09/24/2019, the first anniversary of the date of grant.