Form 4 for ZLAB Zai Lab Ltd
Accepted 2024-01-03 00:00:00 ET · period of report 2024-01-01 · accession 0000905148-24-000062 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-01-03 | 2024-01-01 | ZLAB | Du Ying | COB, CEO, Dir | M - OptEx | — | +31.6K | 1.14M | +3% | — |
| D | 2024-01-03 | 2024-01-03 | ZLAB | Du Ying | COB, CEO, Dir | S - Sale+OE | $26.12 | -8,380 | 1.13M | -0.7% | -$218.9K |
| D | 2024-01-03 | 2024-01-01 | ZLAB | Du Ying | COB, CEO, Dir | A - Grant | $0.00 | +31.6K | 31.6K | New | $0 |
| D | 2024-01-03 | 2024-01-01 | ZLAB | Du Ying | COB, CEO, Dir | M - OptEx | $0.00 | -31.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | American Depositary Shares | 2024-01-01 | M | A | 31,587 | — | 1,141,830 | D | — | — | (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 performance-based share units (PSUs). Each ADS represents ten Ordinary Shares of the issuer. (F3) Each PSU represents a contingent right to receive one ADS, which represents ten Ordinary Shares of the issuer. |
| 2 | Common | American Depositary Shares | 2024-01-03 | S | D | 8,380 | $26.12 | 1,133,450 | D | — | — | (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. (F4) These ADSs were sold automatically to cover taxes upon vesting of PSUs. |
| 3 | Derivative | Performance-Based Share Units | 2024-01-01 | A | A | 31,587 | $0.00 | 31,587 | D | — · — to — | 31,587 American Depositary Shares | (F3) Each PSU represents a contingent right to receive one ADS, which represents ten Ordinary Shares of the issuer. (F5) The reporting person was granted PSUs on December 1, 2021 that vest based on the satisfaction of specified performance criteria between December 1, 2021 and December 31, 2025. On January 1, 2024, the performance-based vesting conditions were confirmed for PSUs representing 31,587 ADSs. |
| 4 | Derivative | Performance-Based Share Units | 2024-01-01 | M | D | 31,587 | $0.00 | 0 | D | — · — to — | 31,587 American Depositary Shares | (F3) Each PSU represents a contingent right to receive one ADS, which represents ten Ordinary Shares of the issuer. (F5) The reporting person was granted PSUs on December 1, 2021 that vest based on the satisfaction of specified performance criteria between December 1, 2021 and December 31, 2025. On January 1, 2024, the performance-based vesting conditions were confirmed for PSUs representing 31,587 ADSs. |