Zai Lab Ltd — Director's Dealing 2021

Jun 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zai Lab Ltd (ZLAB)
CIK: 0001704292
Period of Report: 2021-06-01

Reporting Person: Du Ying (Director, Chairwoman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-01	Ordinary Shares	M	111111	$0.60	Acquired	1119764	Direct
2021-06-01	Ordinary Shares	S	10929	$172.83	Disposed	1108835	Direct
2021-06-01	Ordinary Shares	S	24868	$173.79	Disposed	1083967	Direct
2021-06-01	Ordinary Shares	S	14451	$174.65	Disposed	1069516	Direct
2021-06-01	Ordinary Shares	S	7087	$175.79	Disposed	1062429	Direct
2021-06-01	Ordinary Shares	S	2468	$176.66	Disposed	1059961	Direct
2021-06-01	Ordinary Shares	S	9735	$177.98	Disposed	1050226	Direct
2021-06-01	Ordinary Shares	S	14510	$178.87	Disposed	1035716	Direct
2021-06-01	Ordinary Shares	S	17600	$179.83	Disposed	1018116	Direct
2021-06-02	Ordinary Shares	S	911	$174.68	Disposed	1017205	Direct
2021-06-02	Ordinary Shares	S	889	$175.96	Disposed	1016316	Direct
2021-06-02	Ordinary Shares	S	2936	$176.90	Disposed	1013380	Direct
2021-06-02	Ordinary Shares	S	2066	$177.66	Disposed	1011314	Direct
2021-06-02	Ordinary Shares	S	983	$178.62	Disposed	1010331	Direct
2021-06-02	Ordinary Shares	S	1381	$180.00	Disposed	1008950	Direct
2021-06-02	Ordinary Shares	S	297	$180.80	Disposed	1008653	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-01	Stock Options (Right to Buy)	$0.60	M	111111	Acquired	2025-10-22	Ordinary Shares (111111)	Direct

Footnotes

F1: The reported transaction was effected pursuant to a sales plan adopted by the Reporting Person, dated March 3, 2021, expires December 31, 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 $172.83 per share, at prices ranging from $172.23 to $173.23 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 $173.79 per share, at prices ranging from $173.24 to $174.24 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 $174.65 per share, at prices ranging from $174.245 to $175.245 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 $175.79 per share, at prices ranging from $175.25 to $176.23 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 $176.66 per share, at prices ranging from $176.29 to $177.20 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 $177.98 per share, at prices ranging from $177.34 to $178.33 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: Reflects a weighted average sale price of $178.87 per share, at prices ranging from $178.39 to $179.38 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.

F9: Reflects a weighted average sale price of $179.83 per share, at prices ranging from $179.39 to $180.27 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.

F10: Reflects a weighted average sale price of $174.68 per share, at prices ranging from $174.28 to $175.24 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.

F11: Reflects a weighted average sale price of $175.96 per share, at prices ranging from $175.30 to $176.30 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.

F12: Reflects a weighted average sale price of $176.90 per share, at prices ranging from $176.32 to $177.32 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.

F13: Reflects a weighted average sale price of $177.66 per share, at prices ranging from $177.36 to $178.27 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.

F14: Reflects a weighted average sale price of $178.62 per share, at prices ranging from $178.37 to $179.08 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.

F15: Reflects a weighted average sale price of $180.00 per share, at prices ranging from $179.50 to $180.42 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.

F16: Reflects a weighted average sale price of $180.80 per share, at prices ranging from $180.62 to $180.89 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.

F17: The Stock Options fully vested as of October 22, 2020.