Liang Yi 4
4 · Zai Lab Ltd · Filed Apr 5, 2022
Insider Transaction Report
Form 4
Zai Lab LtdZLAB
Liang Yi
CCO & President, Greater China
Transactions
- Award
Stock Options (Right to Buy)
2022-04-01+37,585→ 37,585 totalExercise: $45.47Exp: 2032-04-01→ American Depositary Shares (37,585 underlying) - Award
Restricted Share Units
2022-04-01+7,154→ 7,154 total→ American Depositary Shares (7,154 underlying) - Exercise/Conversion
Restricted Share Units
2022-04-01−730→ 2,920 total→ American Depositary Shares (730 underlying) - Exercise/Conversion
American Depositary Shares
2022-04-01+730→ 104,847 total
Footnotes (7)
- [F1]Each American Depositary Share (ADS) represents ten Ordinary Shares of the issuer.
- [F2]ADSs acquired on vesting of Restricted Share Units. Each ADS represents ten Ordinary Shares of the issuer.
- [F3]The Stock Options are exercisable for ADSs. The number of securities underlying each option and the exercise price therefor are represented in ADSs. Each ADS represents ten Ordinary Shares of the issuer.
- [F4]The Stock Options vest in equal annual installments over five years beginning on 04/01/2023, the first anniversary of the date of grant.
- [F5]Each Restricted Share Unit represents a contingent right to receive one ADS, which represents ten Ordinary Shares of the issuer.
- [F6]The Restricted Share Units vest in equal annual installments over five years beginning on 04/01/2023, the first anniversary of the date of grant. Vested shares will be delivered in the form of ADSs to the reporting person following vesting.
- [F7]The Restricted Share Units vest in equal annual installments over five years beginning on 04/01/2022, the first anniversary of the date of grant. Vested shares will be delivered in the form of ADSs to the reporting person following vesting.