Zai Lab Ltd — Director's Dealing 2021

Jun 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zai Lab Ltd (ZLAB)
CIK: 0001704292
Period of Report: 2021-06-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-15	Ordinary Shares	M	10000	$18.92	Acquired	217000	Direct
2021-06-15	Ordinary Shares	S	2352	$164.08	Disposed	214648	Direct
2021-06-15	Ordinary Shares	S	4564	$164.80	Disposed	210084	Direct
2021-06-15	Ordinary Shares	S	1476	$165.78	Disposed	208608	Direct
2021-06-15	Ordinary Shares	S	607	$166.65	Disposed	208001	Direct
2021-06-15	Ordinary Shares	S	300	$167.74	Disposed	207701	Direct
2021-06-15	Ordinary Shares	S	701	$169.12	Disposed	207000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-15	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 $164.08 per share, at prices ranging from $163.38 to $164.36 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 $164.80 per share, at prices ranging from $164.38 to $165.35 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 $165.78 per share, at prices ranging from $165.40 to $166.11 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 $166.65 per share, at prices ranging from $166.51 to $167.36 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: Reflects a weighted average sale price of $167.74 per share, at prices ranging from $167.56 to $168.10 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.

F7: Reflects a weighted average sale price of $169.12 per share, at prices ranging from $168.82 to $169.41 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.

F8: Shares held by Reporting Person's spouse.

F9: The Stock Options vest in equal annual installments over five years beginning on 09/24/2019, the first anniversary of the date of grant.