Robert Alexander - Jun 2, 2021 Form 4 Insider Report for Allakos Inc. (ALLK)

Signature
/s/ Robert Alexander
Stock symbol
ALLK
Transactions as of
Jun 2, 2021
Transactions value $
-$6,187,887
Form type
4
Date filed
6/4/2021, 09:09 PM
Previous filing
May 27, 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 -$1.3M -14.5K -5.75% $89.64* 238K Jun 4, 2021 Direct F1, F2, F3
transaction ALLK Common Stock Options Exercise $9.98K +14.5K +6.1% $0.69* 252K Jun 4, 2021 Direct F2, F3
transaction ALLK Common Stock Sale -$322K -3.6K -1.49% $89.62* 238K Jun 4, 2021 Direct F2, F3, F4
transaction ALLK Common Stock Tax liability -$369K -4K -1.63% $92.20* 241K Jun 3, 2021 Direct F2, F3, F5
transaction ALLK Common Stock Sale -$1.34M -14.5K -5.59% $92.14* 245K Jun 3, 2021 Direct F2, F3, F6
transaction ALLK Common Stock Options Exercise $9.98K +14.5K +5.92% $0.69* 260K Jun 3, 2021 Direct F2, F3
transaction ALLK Common Stock Sale -$1.37M -14.5K -5.59% $94.55* 245K Jun 2, 2021 Direct F2, F3, F7
transaction ALLK Common Stock Options Exercise $9.98K +14.5K +5.92% $0.69* 260K Jun 2, 2021 Direct F2, F3
transaction ALLK Common Stock Sale -$491K -5.48K -1.68% $89.64* 320K Jun 4, 2021 See footnote F8, F9
transaction ALLK Common Stock Sale -$505K -5.48K -1.66% $92.09* 326K Jun 3, 2021 See footnote F9, F10
transaction ALLK Common Stock Sale -$519K -5.48K -1.63% $94.56* 331K Jun 2, 2021 See footnote F9, F11

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 -1.57% $0.00 913K Jun 4, 2021 Common Stock 14.5K $0.69 Direct F12
transaction ALLK Stock Option (Right to buy) Options Exercise $0 -14.5K -1.54% $0.00 927K Jun 3, 2021 Common Stock 14.5K $0.69 Direct F12
transaction ALLK Stock Option (Right to buy) Options Exercise $0 -14.5K -1.52% $0.00 942K Jun 2, 2021 Common Stock 14.5K $0.69 Direct F12
* 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 $88.22 to $92.06 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 $88.29 to $90.86 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 Shares withheld to satisfy the tax obligations by the reporting person in connection with the vesting of RSUs.
F6 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 $90.17 to $95.86 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 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 $93.22 to $96.04 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.
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 $88.22 to $90.81 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 The shares are held by Mr. Alexander and Stacey Lee Alexander, as Trustees of the Alexander 2018 Irrevocable Descendants' Trust.
F10 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 $90.60 to $95.36 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.
F11 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 $93.38 to $95.46 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.
F12 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.