Ying Du - 01 Apr 2025 Form 4 Insider Report for Zai Lab Ltd (ZLAB)

Role
Chairperson & CEO, Director
Signature
/s/ Bruce Blefeld, Attorney-in-Fact
Issuer symbol
ZLAB
Transactions as of
01 Apr 2025
Transactions value $
$-208,472
Form type
4
Filing time
03 Apr 2025, 17:07:13 UTC
Previous filing
18 Mar 2025
Next filing
07 Apr 2025
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 Options Exercise +10,800 +2.31% 478,454 01 Apr 2025 Direct F1, F2, F3
transaction ZLAB American Depositary Shares Options Exercise +3,400 +0.71% 481,854 01 Apr 2025 Direct F1, F2, F3
transaction ZLAB American Depositary Shares Sale $-208,472 -5,808 -1.21% $35.89 476,046 02 Apr 2025 Direct F1, F4

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 Restricted Share Units Options Exercise $0 -10,800 -33.3% $0.000000 21,600 01 Apr 2025 American Depositary Shares 10,800 Direct F1, F3, F5
transaction ZLAB Restricted Share Units Options Exercise $0 -3,400 -50% $0.000000 3,400 01 Apr 2025 American Depositary Shares 3,400 Direct F1, F3, F6
* 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 ADSs acquired upon vesting of Restricted Share Units ("RSUs").
F3 Each RSU represents a contingent right to receive one ADS.
F4 These ADSs were sold automatically to cover taxes upon vesting of RSUs.
F5 The RSUs vest in equal annual installments over five years beginning on 04/01/2023, the first anniversary of the date of grant. Vested shares will be delivered in the form of ADSs to the reporting person following vesting.
F6 The RSUs vest in equal annual installments over five years beginning on 04/01/2022, the first anniversary of the date of grant. Vested shares will be delivered in the form of ADSs to the reporting person following vesting.