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Zai Lab Ltd — Director's Dealing 2023
Mar 7, 2023
31208_dirs_2023-03-07_ba0f73a8-0db4-42df-bcf0-2b2dba4234f5.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: 2023-03-03
Reporting Person: Reinhart Harald (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-03 | American Depositary Shares | M | 11480 | $3.00 | Acquired | 30438 | Direct |
| 2023-03-03 | American Depositary Shares | S | 11480 | $40.00 | Disposed | 18958 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-03 | Stock Options (Right to Buy) | $3.00 | M | 11480 | Disposed | 2027-05-12 | American Depositary Shares (11480) | 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: The reported transaction was effected pursuant to a sale plan adopted by the Reporting Person, dated 08/23/2022, that expires on 06/30/2023 and is intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934.
F3: The options vest in equal installments over four years beginning on 5/12/2018, the first anniversary of the date of grant.