Adam Tomasi - 10 May 2021 Form 4 Insider Report for Allakos Inc. (ALLK)

Role
President and COO
Signature
/s/ Adam Tomasi
Issuer symbol
ALLK
Transactions as of
10 May 2021
Net transactions value
-$5,819,550
Form type
4
Filing time
13 May 2021, 06:00:34 UTC
Next filing
07 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALLK Common Stock Sale $1,984,600 -20,000 -12% $99.23* 153,126 12 May 2021 Direct F1, F2
transaction ALLK Common Stock Options Exercise $13,750 +20,000 +13% $0.6875* 173,126 12 May 2021 Direct F2
transaction ALLK Common Stock Sale $1,955,800 -20,000 -12% $97.79* 153,126 11 May 2021 Direct F2, F3
transaction ALLK Common Stock Options Exercise $13,750 +20,000 +13% $0.6875* 173,126 11 May 2021 Direct F2
transaction ALLK Common Stock Sale $1,920,400 -20,000 -12% $96.02* 153,126 10 May 2021 Direct F2, F4
transaction ALLK Common Stock Options Exercise $13,750 +20,000 +13% $0.6875* 173,126 10 May 2021 Direct F2
holding ALLK Common Stock 3,953 10 May 2021 See footnote F5, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALLK Stock Option (Right to buy) Options Exercise $0 -20,000 -3.7% $0.000000 526,400 12 May 2021 Common Stock 20,000 $0.6875 Direct F7
transaction ALLK Stock Option (Right to buy) Options Exercise $0 -20,000 -3.5% $0.000000 546,400 11 May 2021 Common Stock 20,000 $0.6875 Direct F7
transaction ALLK Stock Option (Right to buy) Options Exercise $0 -20,000 -3.4% $0.000000 566,400 10 May 2021 Common Stock 20,000 $0.6875 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 18, 2020. This transaction was executed in multiple trades at prices ranging from $96.76 to $100.83 per share. The sale price reported represents the weighted average sale price . Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person hereby undertakes to provide full information regarding the number of shares sold at each separate price.
F2 Includes shares of common stock purchased under the Company's 2018 Employee Stock Purchase Plan.
F3 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 18, 2020. This transaction was executed in multiple trades at prices ranging from $90.73 to $101.71 per share. The sale price reported represents the weighted average sale price . Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person hereby undertakes to provide full information regarding the number of shares sold at each separate price.
F4 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 18, 2020. This transaction was executed in multiple trades at prices ranging from $94.91 to $98.41 per share. The sale price reported represents the weighted average sale price . Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person hereby undertakes to provide full information regarding the number of shares sold at each separate price.
F5 Includes 3,953 shares received as a pro-rata in-kind distribution of Common Stock of the Issuer by Alta Partners Management VIII, LLC (APM VIII), without consideration, to the reporting person as a non-managing member of APM VIII.
F6 The shares are held by Mr. Tomasi and Carrie Tomasi, as Trustees of the Tomasi Living Trust dated July 14, 2017.
F7 On May 17, 2017, the Reporting Person was granted an option to purchase 706,400 ordinary shares pursuant to the Company's 2012 Equity Incentive Plan. The option vests as to one-fourth of the shares on May 17, 2018, and one forty-eighth of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.