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Zai Lab Ltd Director's Dealing 2025

May 13, 2025

31208_dirs_2025-05-13_c5ee7979-99a6-4e4b-a845-3a151396ae3d.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: 2025-05-09

Reporting Person: Du Ying (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-05-09 American Depositary Shares M 50000 $0.6 Acquired 529851 Direct
2025-05-09 American Depositary Shares S 46362 $29.5803 Disposed 483489 Direct
2025-05-09 American Depositary Shares S 3638 $30.1645 Disposed 479851 Direct
2025-05-12 American Depositary Shares M 50000 $0.6 Acquired 529851 Direct
2025-05-12 American Depositary Shares S 49384 $29.4374 Disposed 480467 Direct
2025-05-12 American Depositary Shares S 616 $29.9201 Disposed 479851 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-05-09 Stock Options (Right to Buy) $0.6 M 50000 Disposed 2025-10-22 American Depositary Shares (50000) Direct
2025-05-12 Stock Options (Right to Buy) $0.6 M 50000 Disposed 2025-10-22 American Depositary Shares (50000) 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 $29.5803 per share, at prices ranging from $29.125 to $30.12 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 $30.1645 per share, at prices ranging from $30.125 to $30.24 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: Reflects a weighted average sale price of $29.4374 per share, at prices ranging from $28.89 to $29.88 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.

F6: Reflects a weighted average sale price of $29.9201 per share, at prices ranging from $29.91 to $30.00 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.

F7: The Stock Options fully vested as of October 22, 2020.