Reinhart Harald 4

4 · Zai Lab Ltd · Filed Apr 3, 2024

Form 4

Period: 2024-04-01

See Remarks

Transactions

Exercise/Conversion
American Depositary Shares
[F1][F2]
2024-04-01$16.72/sh+3,338$55,811→ 49,398 total
Exercise/Conversion
American Depositary Shares
[F1][F2]
2024-04-01$16.72/sh+1,010$16,887→ 50,408 total
Sale
American Depositary Shares
[F1][F3]
2024-04-02$16.15/sh−1,360$21,965→ 49,048 total
Sale
American Depositary Shares
[F1][F3]
2024-04-02$16.15/sh−413$6,670→ 48,635 total
Award
Stock Options (Right to Buy)
[F4][F5][F1]
2024-04-01+107,321→ 107,321 total
Exercise: $16.72Exp: 2034-04-01→ American Depositary Shares (107,321 underlying)
Award
Restricted Share Units
[F6][F7][F1]
2024-04-01+69,758→ 69,758 total
→ American Depositary Shares (69,758 underlying)
Exercise/Conversion
Restricted Share Units
[F6][F8][F1]
2024-04-01−3,338→ 10,016 total
→ American Depositary Shares (3,338 underlying)
Exercise/Conversion
Restricted Share Units
[F6][F9][F1]
2024-04-01−1,010→ 2,020 total
→ American Depositary Shares (1,010 underlying)

Footnotes (9)

[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.
[F3]These ADSs were sold automatically to cover taxes upon vesting of Restricted Share Units.
[F4]Each Stock Option is exercisable for one ADS, which represents ten Ordinary Shares of the issuer.
[F5]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.
[F6]Each Restricted Share Unit ("RSU") represents a contingent right to receive one ADS, which represents ten Ordinary Shares of the issuer.
[F7]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.
[F8]The RSUs 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.
[F9]The RSUs 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.

Signature

/s/ Bruce Blefeld, Attorney-in-Fact|2024-04-03

Documents

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