Vikas Sinha - 18 Jan 2022 Form 4 Insider Report for Allovir, Inc. (KLRS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Apr 2022, 16:25:06 UTC
Prior SEC filing
10 Aug 2021
Next SEC filing
24 Jan 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brett Hagen, as Attorney-in-Fact

Key filing fact

Vikas Sinha filed Form 4 for Allovir, Inc. (KLRS) on 04 Apr 2022.

Key facts

  • This page summarizes Vikas Sinha's Form 4 filing for Allovir, Inc. (KLRS).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 04 Apr 2022, 16:25.

Change

  • Previous filing in this sequence was filed on 10 Aug 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ALVR transaction

Common Stock

Award

Transaction value
$0
Shares
+48,838
Change %
+5.7%
Price
$0.000000
Shares after
907,795
Date
18 Jan 2022
Ownership
Direct
Footnotes
F1
ALVR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
13,420,970
Date
18 Jan 2022
Ownership
See footnote
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ALVR transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+119,162
Change %
Price
$0.000000
Shares after
119,162
Date
18 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
119,162
Exercise price
$9.15
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The shares reported in this transaction represent Restricted Stock Units ("RSUs") issued under the AlloVir, Inc. 2020 Stock Option and Grant Plan (the "Plan"). Each RSU represents the contingent right to receive one share of the Issuer's Common Stock. 25% of the RSUs shall vest on January 18, 2023, with the remainder vesting in twelve equal quarterly installments thereafter.

Footnote F2

Shares held by ElevateBio LLC ("ElevateBio"). The Reporting Person is a director and Chief Financial Officer of ElevateBio, and may be deemed to have shared voting and investment power of the shares held by ElevateBio. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

Footnote F3

25% of this option shall vest and become exercisable on January 18, 2023, with the remainder vesting in twelve equal quarterly installments thereafter.

SEC remarks

Officer Title: President and Chief Financial OFficer

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