Adam Tomasi - 01 Dec 2021 Form 4 Insider Report for Allakos Inc. (ALLK)

Signature
/s/ Adam Tomasi
Issuer symbol
ALLK
Transactions as of
01 Dec 2021
Net transactions value
-$1,028,242
Form type
4
Filing time
03 Dec 2021, 15:08:30 UTC
Previous filing
07 Sep 2021
Next filing
01 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALLK Common Stock Award $0 +33,362 +16% $0.000000 243,384 01 Dec 2021 Direct F1, F2
transaction ALLK Common Stock Tax liability $1,028,242 -13,067 -5.4% $78.69* 230,317 02 Dec 2021 Direct F3
holding ALLK Common Stock 3,953 01 Dec 2021 See footnote F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Tomasi was awarded 33,362 restricted stock units ("RSUs") pursuant to the Company's 2018 Equity Incentive Plan on December 1, 2021, of which, 25% will vest on December 1, 2022, and the remainder of the RSUs will vest in 12 equal installments on each three month anniversary thereafter, subject to Mr. Tomasi continuing as a Service Provider through each such date.
F2 Each RSU represents a contingent right to receive one share of Common Stock of the Issuer.
F3 Shares withheld to satisfy the tax obligations by the Reporting Person in connection with the vesting of RSUs.
F4 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.
F5 The shares are held by Mr. Tomasi and Carrie Tomasi, as Trustees of the Tomasi Living Trust dated July 14, 2017.