Reinhart Harald 4
4 · Zai Lab Ltd · Filed Apr 5, 2024
Insider Transaction Report
Form 4
Zai Lab LtdZLAB
Reinhart Harald
Chief Medical Officer
Transactions
- Sale
American Depositary Shares
2024-04-04$15.67/sh−2,105$32,992→ 51,800 total - Exercise/Conversion
Restricted Share Units
2024-04-03−5,270→ 15,811 total→ American Depositary Shares (5,270 underlying) - Exercise/Conversion
American Depositary Shares
2024-04-03$15.90/sh+5,270$83,793→ 53,905 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]These ADSs were sold automatically to cover taxes upon vesting of RSUs.
- [F4]Each RSU represents a contingent right to receive one ADS.
- [F5]The RSUs vest in equal annual installments over four years beginning on 04/03/2024, the first anniversary of the date of grant. Vested shares will be delivered in the form of ADSs to the reporting person following vesting.