Smiley Joshua L 4
4 · Zai Lab Ltd · Filed Aug 19, 2025
Insider Transaction Report
Form 4
Zai Lab LtdZLAB
Smiley Joshua L
See Remarks
Transactions
- Sale
American Depositary Shares
2025-08-18$36.24/sh−6,641$240,643→ 76,604 total - Exercise/Conversion
American Depositary Shares
2025-08-15+15,900→ 83,245 total - Exercise/Conversion
Restricted Share Units
2025-08-15−15,900→ 31,800 total→ American Depositary Shares (15,900 underlying)
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 five years beginning on 08/15/2023, the first anniversary of the date of grant. Vested shares will be delivered in the form of ADSs to the reporting person following vesting.