Form 4 for ZLAB Zai Lab Ltd
Accepted 2024-07-02 00:00:00 ET · period of report 2024-06-28 · accession 0000905148-24-001830 · 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 | 2024-07-02 | 2024-06-28 | ZLAB | Du Ying | COB, CEO, Dir | M - OptEx | — | +18.0K | 1.09M | +2% | — |
| D | 2024-07-02 | 2024-07-01 | ZLAB | Du Ying | COB, CEO, Dir | S - Sale+OE | $17.48 | -7,013 | 1.08M | -0.6% | -$122.6K |
| D | 2024-07-02 | 2024-06-28 | ZLAB | Du Ying | COB, CEO, Dir | M - OptEx | $0.00 | -18.0K | 53.9K | -25% | $0 |
| D | 2024-07-02 | 2024-07-01 | ZLAB | Du Ying | COB, CEO, Dir | A - Grant | $0.00 | +72.0K | 72.0K | New | $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 | 2024-06-28 | M | A | 17,970 | — | 1,088,923 | 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 upon vesting of Restricted Share Units ("RSUs"). (F3) Each RSU represents a contingent right to receive one ADS. (F4) This number reflects a net reduction of 71,880 ADSs, which represents RSUs that previously reported as aggregated with ADSs in Table I and are now separately reported in Table II. |
| 2 | Common | American Depositary Shares | 2024-07-01 | S | D | 7,013 | $17.48 | 1,081,910 | 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. (F5) These ADSs were sold automatically to cover taxes upon vesting of RSUs. |
| 3 | Derivative | Restricted Share Units | 2024-06-28 | M | D | 17,970 | $0.00 | 53,910 | D | — · — to — | 17,970 American Depositary Shares | (F3) Each RSU represents a contingent right to receive one ADS. (F6) The RSUs vest in equal annual installments over four years beginning on 06/29/2024, the first anniversary of the date of grant, subject to continuous service. Vested shares will be delivered in the form of ADSs to the reporting person following vesting. |
| 4 | Derivative | Restricted Share Units | 2024-07-01 | A | A | 72,000 | $0.00 | 72,000 | D | — · — to — | 72,000 American Depositary Shares | (F3) Each RSU represents a contingent right to receive one ADS. (F7) The RSUs vest in equal annual installments over four years beginning on 07/01/2025, the first anniversary of the date of grant, subject to continuous service. Vested shares will be delivered in the form of ADSs to the reporting person following vesting. |