Edmondson Frazor Titus III 4
4 · Zai Lab Ltd · Filed Jun 27, 2025
Insider Transaction Report
Form 4
Zai Lab LtdZLAB
Edmondson Frazor Titus III
Chief Legal Officer
Transactions
- Exercise/Conversion
American Depositary Shares
2025-06-25+14,600→ 44,975 total - Exercise/Conversion
Restricted Share Units
2025-06-25−14,600→ 14,600 total→ American Depositary Shares (14,600 underlying) - Sale
American Depositary Shares
2025-06-26$36.13/sh−5,877$212,348→ 39,098 total
Footnotes (5)
- [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]These ADSs were sold automatically to cover taxes upon vesting of RSUs.
- [F5]The RSUs vest in equal annual installments over four years beginning on 06/25/2023, the first anniversary of the date of grant. Vested shares will be delivered in the form of ADSs to the reporting person following vesting.