Reinhart Harald 4
4 · Zai Lab Ltd · Filed Jun 27, 2024
Insider Transaction Report
Form 4
Zai Lab LtdZLAB
Reinhart Harald
Chief Medical Officer
Transactions
- Exercise/Conversion
American Depositary Shares
2024-06-25+18,250→ 70,050 total - Sale
American Depositary Shares
2024-06-26$17.90/sh−7,431$133,022→ 62,619 total - Exercise/Conversion
Restricted Share Units
2024-06-25−18,250→ 36,500 total→ American Depositary Shares (18,250 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 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.