Kai-Xian Chen - 31 Dec 2024 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
03 Jan 2025, 17:23:14 UTC
Prior SEC filing
20 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bruce Blefeld, Attorney-in-Fact

Key filing fact

Kai-Xian Chen filed Form 4 for Zai Lab Ltd (ZLAB) on 03 Jan 2025.

Key facts

  • This page summarizes Kai-Xian Chen's Form 4 filing for Zai Lab Ltd (ZLAB).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 03 Jan 2025, 17:23.

Change

  • Previous filing in this sequence was filed on 20 Jun 2024.
  • Current net transaction value: -$214,626.

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

Tax liability

Transaction value
$81,171
Shares
-2,644
Change %
-3.7%
Price
$30.70
Shares after
68,528
Date
03 Jan 2023
Ownership
Direct
Footnotes
F1, F2, F5
ZLAB transaction

American Depositary Shares

Sale

Transaction value
$133,455
Shares
-7,750
Change %
-11%
Price
$17.22
Shares after
60,778
Date
01 Jul 2024
Ownership
Direct
Footnotes
F1, F3
ZLAB transaction

American Depositary Shares

Disposed to Issuer

Transaction value
$0
Shares
-21,253
Change %
-35%
Price
$0.000000
Shares after
39,525
Date
31 Dec 2024
Ownership
Direct
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Kai-Xian Chen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

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

Represents the disposition of shares to the Issuer to cover taxes.

Footnote F3

These ADSs were sold automatically to cover taxes.

Footnote F4

Represents the forfeiture of the unvested restricted shares upon the Reporting Person's resignation from the Issuer's board of directors on December 31, 2024.

Footnote F5

Reflects the number of ADSs beneficially owned by the Reporting Person following the transaction reported in the last Form 4 of the Reporting Person, which was filed on June 20, 2024, as adjusted for this transaction.

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