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

Role
Director
Signature
/s/ Bruce Blefeld, Attorney-in-Fact
Stock symbol
ZLAB
Transactions as of
Dec 31, 2024
Transactions value $
-$214,626
Form type
4
Date filed
1/3/2025, 05:23 PM
Previous filing
Jun 20, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZLAB American Depositary Shares Tax liability -$81.2K -2.64K -3.71% $30.70 68.5K Jan 3, 2023 Direct F1, F2, F5
transaction ZLAB American Depositary Shares Sale -$133K -7.75K -11.31% $17.22 60.8K Jul 1, 2024 Direct F1, F3
transaction ZLAB American Depositary Shares Disposed to Issuer $0 -21.3K -34.97% $0.00 39.5K Dec 31, 2024 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kai-Xian Chen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
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.
F2 Represents the disposition of shares to the Issuer to cover taxes.
F3 These ADSs were sold automatically to cover taxes.
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.
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.