Zai Lab Ltd — Director's Dealing 2021

Aug 27, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zai Lab Ltd (ZLAB)
CIK: 0001704292
Period of Report: 2021-08-25

Reporting Person: Fu Tao (Director, President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-25	Ordinary Shares	M	10000	$18.92	Acquired	217000	Direct
2021-08-25	Ordinary Shares	S	1600	$141.92	Disposed	215400	Direct
2021-08-25	Ordinary Shares	S	4306	$142.71	Disposed	211094	Direct
2021-08-25	Ordinary Shares	S	3894	$143.76	Disposed	207200	Direct
2021-08-25	Ordinary Shares	S	200	$144.51	Disposed	207000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-25	Stock Options (Right to Buy)	$18.92	M	10000	Disposed	2028-09-24	Ordinary Shares (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	107500	Indirect

Footnotes

F1: The reported transaction was effected pursuant to a sales plan adopted by the Reporting Person, dated March 17, 2021, expires September 15, 2021 and is intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934

F2: Reflects a weighted average sale price of $141.92 per share, at prices ranging from $141.20 to $142.16 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F3: Reflects a weighted average sale price of $142.71 per share, at prices ranging from $142.21 to $143.18 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F4: Reflects a weighted average sale price of $143.76 per share, at prices ranging from $143.32 to $144.22 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F5: Reflects a weighted average sale price of $144.51 per share, at prices ranging from $144.45 to $144.56 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F6: Shares held by Reporting Person's spouse.

F7: The Stock Options vest in equal annual installments over five years beginning on 09/24/2019, the first anniversary of the date of grant.