SEC Form 4 · accession 0000905148-26-003123
Zai Lab Ltd · ZLAB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frazor Titus Edmondson III
Officer — Chief Legal Officer
Period of report
Jun 25, 2026
Accepted (ET)
Jun 29, 2026 · 4:18 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001704292
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| American Depositary SharesF1,F2,F3 | Jun 25, 2026 | M | 14,600 | — | A | 34,449 | D | |
| American Depositary SharesF1,F4 | Jun 26, 2026 | S | 4,103 | $17.461 | D | 30,346 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF3,F5,F1 | — | Jun 25, 2026 | M | 14,600 | D | — | — | American Depositary Shares | 14,600 | 0 | D |
Explanation of responses
- F1Each 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.
- F2ADSs acquired upon vesting of Restricted Share Units ("RSUs").
- F3Each RSU represents a contingent right to receive one ADS.
- F4These ADSs were sold automatically to cover taxes upon vesting of RSUs.
- F5The RSUs vested 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.