Form 4 for ZLAB Zai Lab Ltd
Accepted 2024-01-03 00:00:00 ET · period of report 2023-12-29 · accession 0000905148-24-000063 · 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 | 2024-01-02 | ZLAB | Amado Rafael | See Remarks | S - Sale+OE | $26.30 | -19.4K | 22.6K | -46% | -$509.2K |
| DM | 2024-01-03 | 2023-12-29 | ZLAB | Amado Rafael | See Remarks | M - OptEx | — | +42.0K | 42.0K | New | — |
| DM | 2024-01-03 | 2023-12-29 | ZLAB | Amado Rafael | See Remarks | M - OptEx | $0.00 | -42.0K | 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 | 2024-01-02 | S | D | 19,363 | $26.30 | 22,637 | 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. (F7) These ADSs were sold automatically to cover taxes upon vesting of Restricted Share Units. |
| 2 | Common | American Depositary Shares | 2023-12-29 | M | A | 21,000 | — | 21,000 | 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 Restricted Share Units. Each ADS represents ten Ordinary Shares of the issuer. (F3) Each Restricted Share Unit represents a contingent right to receive one ADS, which represents ten Ordinary Shares of the issuer. (F4) This number reflects a net reduction of 126,000 ADSs, which represents Restricted Share Units that were previously reported as aggregated with ADSs in Table I and are now separately reported in Table II. |
| 3 | Common | American Depositary Shares | 2023-12-29 | M | A | 21,000 | — | 42,000 | 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 Restricted Share Units. Each ADS represents ten Ordinary Shares of the issuer. (F3) Each Restricted Share Unit represents a contingent right to receive one ADS, which represents ten Ordinary Shares of the issuer. |
| 4 | Derivative | Restricted Share Units | 2023-12-29 | M | D | 21,000 | $0.00 | 84,000 | D | — · — to — | 21,000 American Depositary Shares | (F3) Each Restricted Share Unit represents a contingent right to receive one ADS, which represents ten Ordinary Shares of the issuer. (F6) These Restricted Share Units vest in equal annual installments over five years beginning on 12/30/2023, the first anniversary of the date of grant. Vested shares will be delivered to the reporting person following vesting. |
| 5 | Derivative | Restricted Share Units | 2023-12-29 | M | D | 21,000 | $0.00 | 0 | D | — · — to — | 21,000 American Depositary Shares | (F3) Each Restricted Share Unit represents a contingent right to receive one ADS, which represents ten Ordinary Shares of the issuer. (F5) These Restricted Share Units vested in full on 12/30/2023, the first anniversary of the date of grant. Vested shares were delivered to the reporting person following vesting. |