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Zai Lab Ltd — Director's Dealing 2022
Aug 19, 2022
31208_dirs_2022-08-19_5736c3ba-c802-4769-b76a-a33e84014161.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Zai Lab Ltd (ZLAB)
CIK: 0001704292
Period of Report: 2022-08-17
Reporting Person: Edmondson Frazor Titus III (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-08-17 | American Depositary Shares | M | 4850 | $43.52 | Acquired | 9146 | Direct |
| 2022-08-17 | American Depositary Shares | F | 1181 | $43.52 | Disposed | 7965 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-08-17 | Restricted Share Units | $ | M | 4850 | Disposed | American Depositary Shares (4850) | Direct |
Footnotes
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: This transaction represents the disposition of shares to cover taxes.
F3: Each Restricted Share Unit represents a contingent right to receive one American Depositary Share (ADS), which represents ten Ordinary Shares of the issuer.
F4: The Restricted Share Units vest in equal annual installments over five years beginning on 8/17/2021, the first anniversary of the date of grant. Vested shares will be delivered in the form of ADSs to the reporting person following vesting. Restricted Share Units were previously reported on Table I. Restricted Share Units are now being reported on Table II.