Harald Reinhart - 01 Jan 2024 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Jan 2024, 19:25:23 UTC
Prior SEC filing
26 Jun 2023
Next SEC filing
03 Apr 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bruce Blefeld, Attorney-in-Fact
Filing notes and source

Key filing fact

Harald Reinhart filed Form 4 for Zai Lab Ltd (ZLAB) on 03 Jan 2024.

Key facts

  • This page summarizes Harald Reinhart's Form 4 filing for Zai Lab Ltd (ZLAB).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 03 Jan 2024, 19:25.

Change

  • Previous filing in this sequence was filed on 26 Jun 2023.
  • Current net transaction value: -$125,464.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ZLAB transaction

American Depositary Shares

Options Exercise

Transaction value
Shares
+17,548
Change %
+53%
Price
Shares after
50,863
Date
01 Jan 2024
Ownership
Direct
Footnotes
F1, F2, F3
ZLAB transaction

American Depositary Shares

Sale

Transaction value
$125,464
Shares
-4,803
Change %
-9.4%
Price
$26.12
Shares after
46,060
Date
03 Jan 2024
Ownership
Direct
Footnotes
F1, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ZLAB transaction Derivative

Performance-Based Share Units

Award

Transaction value
$0
Shares
+17,548
Change %
Price
$0.000000
Shares after
17,548
Date
01 Jan 2024
Ownership
Direct
Underlying class
American Depositary Shares
Underlying amount
17,548
Exercise price
Footnotes
F1, F3, F5
ZLAB transaction Derivative

Performance-Based Share Units

Options Exercise

Transaction value
$0
Shares
-17,548
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Jan 2024
Ownership
Direct
Underlying class
American Depositary Shares
Underlying amount
17,548
Exercise price
Footnotes
F1, F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Each American Depositary Share (ADS) represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs.

Footnote F2

ADSs acquired on vesting of performance-based share units (PSUs). Each ADS represents ten Ordinary Shares of the issuer.

Footnote F3

Each PSU represents a contingent right to receive one ADS, which represents ten Ordinary Shares of the issuer.

Footnote F4

These ADSs were sold automatically to cover taxes upon vesting of PSUs.

Footnote F5

The reporting person was granted PSUs on December 1, 2021 that vest based on the satisfaction of specified performance criteria between December 1, 2021 and December 31, 2025. On January 1, 2024, the performance-based vesting conditions were confirmed for PSUs representing 17,548 ADSs.

SEC remarks

President and Head of Global Development for Neuroscience, Autoimmune and Infectious Diseases

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