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Zai Lab Ltd Director's Dealing 2024

Apr 4, 2024

31208_dirs_2024-04-03_011b9b15-ed03-4d72-ae86-472417a9fdd4.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: 2024-04-01

Reporting Person: Du Ying (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-04-01 American Depositary Shares M 10800 $16.72 Acquired 1110359 Direct
2024-04-01 American Depositary Shares M 3400 $16.72 Acquired 1113759 Direct
2024-04-02 American Depositary Shares S 4400 $16.151 Disposed 1109359 Direct
2024-04-02 American Depositary Shares S 1387 $16.151 Disposed 1107972 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-04-01 Restricted Share Units $ M 10800 Disposed American Depositary Shares (10800) Direct
2024-04-01 Restricted Share Units $ M 3400 Disposed American Depositary Shares (3400) 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: ADSs acquired on vesting of Restricted Share Units.

F3: These ADSs were sold automatically to cover taxes upon vesting of Restricted Share Units.

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

F5: The RSUs vest in equal annual installments over five years beginning on 04/01/2023, the first anniversary of the date of grant. Vested shares will be delivered in the form of ADSs to the reporting person following vesting.

F6: The RSUs vest in equal annual installments over five years beginning on 04/01/2022, the first anniversary of the date of grant. Vested shares will be delivered in the form of ADSs to the reporting person following vesting.