Smiley Joshua L 4
4 · Zai Lab Ltd · Filed Apr 3, 2024
Insider Transaction Report
Form 4
Zai Lab LtdZLAB
Smiley Joshua L
See Remarks
Transactions
- Award
Restricted Share Units
2024-04-01+128,249→ 128,249 total→ American Depositary Shares (128,249 underlying) - Award
Stock Options (Right to Buy)
2024-04-01+197,306→ 197,306 totalExercise: $16.72Exp: 2034-04-01→ American Depositary Shares (197,306 underlying)
Footnotes (5)
- [F1]Each Stock Option is exercisable for one American Depositary Share ("ADS"), which represents ten Ordinary Shares of the issuer.
- [F2]The option vests in equal annual installments over four years beginning on 04/01/2025, the first anniversary of the date of grant, subject to continuous service.
- [F3]Each 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]Each Restricted Share Unit ("RSU") represents a contingent right to receive one ADS, which represents ten Ordinary Shares of the issuer.
- [F5]The RSUs vest in equal annual installments over four years beginning on 04/01/2025, the first anniversary of the date of grant, subject to continuous service. Vested shares will be delivered to the reporting person following vesting.