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Zai Lab Ltd Director's Dealing 2025

Aug 14, 2025

31208_dirs_2025-08-14_2eeae876-6583-4d30-90c3-0cdda115de02.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: 2025-08-12

Reporting Person: Du Ying (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-08-12 American Depositary Shares M 50000 $0.6 Acquired 586962 Direct
2025-08-12 American Depositary Shares S 50000 $34.2511 Disposed 536962 Direct
2025-08-13 American Depositary Shares M 46387 $0.6 Acquired 583349 Direct
2025-08-13 American Depositary Shares S 46387 $35.4687 Disposed 536962 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-08-12 Stock Options (Right to Buy) $0.6 M 50000 Disposed 2025-10-22 American Depositary Shares (50000) Direct
2025-08-13 Stock Options (Right to Buy) $0.6 M 46387 Disposed 2025-10-22 American Depositary Shares (46387) 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 transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 20, 2024.

F3: Reflects a weighted average sale price of $34.2511 per share, at prices ranging from $33.70 to $34.60 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 $35.4687 per share, at prices ranging from $34.845 to $35.80 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: The Stock Options fully vested as of October 22, 2020.