Robert Alexander - May 17, 2021 Form 4/A - Amendment Insider Report for Allakos Inc. (ALLK)

Signature
/s/ Robert Alexander
Stock symbol
ALLK
Transactions as of
May 17, 2021
Transactions value $
-$5,988,480
Form type
4/A - Amendment
Date filed
5/27/2021, 06:00 AM
Date Of Original Report
May 19, 2021
Next filing
Jun 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALLK Common Stock Sale -$1.44M -14.5K -5.58% $98.94* 245K May 19, 2021 Direct F1, F2, F3
transaction ALLK Common Stock Options Exercise $9.98K +14.5K +5.92% $0.69* 260K May 19, 2021 Direct F2, F3
transaction ALLK Common Stock Sale -$1.49M -14.5K -5.59% $102.32* 245K May 18, 2021 Direct F2, F3, F4
transaction ALLK Common Stock Options Exercise $9.98K +14.5K +5.92% $0.69* 260K May 18, 2021 Direct F2, F3
transaction ALLK Common Stock Sale -$1.45M -14.5K -5.59% $99.68* 245K May 17, 2021 Direct F2, F3, F5
transaction ALLK Common Stock Options Exercise $9.98K +14.5K +5.92% $0.69* 260K May 17, 2021 Direct F2, F3
transaction ALLK Common Stock Sale -$542K -5.48K -1.6% $98.89* 337K May 19, 2021 See footnote F6, F7
transaction ALLK Common Stock Sale -$561K -5.48K -1.58% $102.29* 342K May 18, 2021 See footnote F7, F8
transaction ALLK Common Stock Sale -$547K -5.48K -1.55% $99.69* 348K May 17, 2021 See footnote F7, F9

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 -14.5K -1.5% $0.00 956K May 19, 2021 Common Stock 14.5K $0.69 Direct F10
transaction ALLK Stock Option (Right to buy) Options Exercise $0 -14.5K -1.47% $0.00 971K May 18, 2021 Common Stock 14.5K $0.69 Direct F10
transaction ALLK Stock Option (Right to buy) Options Exercise $0 -14.5K -1.45% $0.00 985K May 17, 2021 Common Stock 14.5K $0.69 Direct F10
* 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 March 10, 2021. This transaction was executed in multiple trades at prices ranging from $97.84 to $100.68 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 Includes 7,905 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.
F4 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 10, 2021. This transaction was executed in multiple trades at prices ranging from $100.75 to $104.55 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 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 10, 2021. This transaction was executed in multiple trades at prices ranging from $97.29 to $100.91 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.
F6 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2021. This transaction was executed in multiple trades at prices ranging from $97.53 to $100.48 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.
F7 The shares are held by Mr. Alexander and Stacey Lee Alexander, as Trustees of the Alexander 2018 Irrevocable Descendants' Trust.
F8 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2021. This transaction was executed in multiple trades at prices ranging from $100.84 to $104.54 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.
F9 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 11, 2021. This transaction was executed in multiple trades at prices ranging from $97.23 to $100.63 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.
F10 On May 17, 2017, the Reporting Person was granted an option to purchase 1,412,800 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.

Remarks:

This Form 4/A amends and restates in its entirety the Form 4 that was filed on May 19, 2021 (the "Original Form 4"). The purpose of this Form 4/A is to correctly characterize certain transactions as having been effected pursuant to a Rule 10b5-1 plan. Further, this Form 4/A includes transactions of indirectly held shares that were omitted from the Original Form 4.