Novo Holdings A/S - Feb 8, 2022 Form 4 Insider Report for Arcellx, Inc. (ACLX)

Role
10%+ Owner
Signature
/s/ Barbara Fiorini Due, General Counsel, Novo Holdings A/S
Stock symbol
ACLX
Transactions as of
Feb 8, 2022
Transactions value $
$12,499,995
Form type
4
Date filed
2/9/2022, 04:42 PM
Previous filing
Feb 3, 2022
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACLX COMMON STOCK Conversion of derivative security +3.18M 3.18M Feb 8, 2022 Direct F1
transaction ACLX COMMON STOCK Purchase $12.5M +833K +26.18% $15.00 4.02M Feb 8, 2022 Direct F2

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 ACLX SERIES A PREFERRED STOCK Conversion of derivative security -1.55M -100% 0 Feb 8, 2022 COMMON STOCK 1.55M Direct F1
transaction ACLX SERIES B-1 PREFERRED STOCK Conversion of derivative security -667K -100% 0 Feb 8, 2022 COMMON STOCK 667K Direct F1
transaction ACLX SERIES B-2 PREFERRED STOCK Conversion of derivative security -533K -100% 0 Feb 8, 2022 COMMON STOCK 533K Direct F1
transaction ACLX SERIES C PREFERRED STOCK Conversion of derivative security -433K -100% 0 Feb 8, 2022 COMMON STOCK 433K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series A Preferred Stock, Series B-1 Preferred Stock, Series B-2 Preferred Stock, and Series C Preferred Stock automatically converted into one share of common stock upon the completion of the Issuer's initial public offering. These shares have no expiration date.
F2 Represents a purchase from the underwriters in the Issuer's initial public offering.