Ying Du - Mar 10, 2025 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Signature
/s/ Bruce Blefeld, Attorney-in-Fact
Stock symbol
ZLAB
Transactions as of
Mar 10, 2025
Transactions value $
$0
Form type
4
Date filed
3/12/2025, 04:26 PM
Previous filing
Mar 6, 2025
Next filing
Mar 18, 2025

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) Award $0 +253K $0.00 253K Mar 10, 2025 American Depositary Shares 253K $34.69 Direct F1, F2
transaction ZLAB Restricted Share Units Award $0 +10.6K $0.00 10.6K Mar 10, 2025 American Depositary Shares 10.6K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 The option vests in equal annual installments over four years beginning on 03/10/2026, the first anniversary of the date of grant, subject to continuous service.
F3 Each Restricted Share Unit ("RSU") represents a contingent right to receive one ADS.
F4 The RSUs vest in equal annual installments over four years beginning on 03/10/2026, the first anniversary of the date of grant, subject to continuous service. Vested shares will be delivered in the form of ADSs to the reporting person following vesting.