Rami Elghandour - 03 Feb 2022 Form 3 Insider Report for Arcellx, Inc. (ACLX)

Signature
/s/ Lance Thibault, as Attorney-in-Fact
Issuer symbol
ACLX
Transactions as of
03 Feb 2022
Net transactions value
$0
Form type
3
Filing time
03 Feb 2022, 16:19:42 UTC
Next filing
30 Sep 2022

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
holding ACLX Stock Option (right to buy) 03 Feb 2022 Common Stock 1,068,005 $6.28 Direct F1
holding ACLX Stock Option (right to buy) 03 Feb 2022 Common Stock 837,602 $6.28 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued pursuant to the Issuer's 2017 Equity Incentive Plan (the "2017 Plan"). Subject to the Reporting Person continuing to be a Service Provider (as defined 2017 Plan) through each applicable date, thirty-sixth (1/36th) of the shares subject to the option shall vest each month following the Vesting Commencement Date on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean January 22, 2021.
F2 Shares issued pursuant to the Issuer's 2017 Equity Incentive Plan (the "2017 Plan"). Subject to the Reporting Person continuing to be a Service Provider (as defined 2017 Plan) through each applicable date, thirty-sixth (1/36th) of the shares subject to the option shall vest each month following the Vesting Commencement Date on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean January 22, 2021.

Remarks:

President, CEO and Chairman of the Board Exhibit 24 - Power of Attorney