David Charles Lubner - 08 Feb 2022 Form 4 Insider Report for Arcellx, Inc. (ACLX)

Role: Director
Signature: /s/ Lance Thibault, as Attorney-in-Fact
Issuer symbol: ACLX
Transactions as of: 08 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 09 Feb 2022, 16:52:55 UTC
Previous filing: 03 Feb 2022
Next filing: 06 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACLX	Common Stock	Conversion of derivative security	$0	+21,659		$0.000000	21,659	08 Feb 2022	Direct	F1

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 C Preferred Stock	Conversion of derivative security	$0	-21,659	-100%	$0.000000^*	0	08 Feb 2022	Common Stock	21,659		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 C Preferred Stock, par value $0.001 per share, of the Issuer automatically converted on a one-for-one basis to shares of the Issuer's common stock, par value $0.001 per share ("Common Stock") immediately prior to the closing of the Issuer's initial public offering of its Common Stock. The right to convert the Series C Preferred Stock into Common Stock had no expiration date.