Zai Lab Ltd — Director's Dealing 2023

Aug 21, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zai Lab Ltd (ZLAB)
CIK: 0001704292
Period of Report: 2023-08-14

Reporting Person: Chen Yajing (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-08-14	Stock Option (Right to Buy)	$25.71	A	20000	Acquired	2033-08-14	American Depositary Shares (20000)	Direct
2023-08-14	Restricted Share Units	$	A	5000	Acquired		American Depositary Shares (5000)	Direct

Footnotes

F1: Each Stock Option is exercisable for one American Depositary Share (ADS), which represents ten Ordinary Shares of the issuer.

F2: The option vests in equal annual installments over four years beginning on 08/14/2024, the first anniversary of the date of grant.

F3: Each 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.

F4: Each Restricted Share Unit represents a contingent right to receive one ADS, which represents ten Ordinary Shares of the issuer.

F5: The Restricted Share Units vest in equal annual installments over four years beginning on 08/14/2024, the first anniversary of the date of grant. Vested shares will be delivered to the reporting person following vesting.