Reinhart Harald 4
4 · Zai Lab Ltd · Filed Jun 26, 2023
Insider Transaction Report
Form 4
Zai Lab LtdZLAB
Reinhart Harald
Chief Medical Officer
Transactions
- Tax Payment
American Depositary Shares
2023-06-23$25.30/sh−7,182$181,705→ 33,315 total - Exercise/Conversion
American Depositary Shares
2023-06-23$25.30/sh+18,250$461,725→ 40,497 total - Exercise/Conversion
Restricted Share Units
2023-06-23−18,250→ 54,750 totalExercise: $0.00→ 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 on vesting of Restricted Share Units. Each ADS represents ten Ordinary Shares of the issuer.
- [F3]This transaction represents the disposition of shares to cover taxes.
- [F4]Each Restricted Share Unit represents a contingent right to receive one ADS, which represents ten Ordinary Shares of the issuer.
- [F5]The Restricted Share Units 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.