Terrance Mcguire - Jun 16, 2022 Form 4 Insider Report for Alector, Inc. (ALEC)

Role
Director
Signature
/s/ Calvin Yu, by power of attorney
Stock symbol
ALEC
Transactions as of
Jun 16, 2022
Transactions value $
$0
Form type
4
Date filed
6/21/2022, 07:40 PM
Previous filing
Jun 17, 2022
Next filing
Jun 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALEC Common Stock Award $0 +9.46K +147.13% $0.00 15.9K Jun 16, 2022 Direct F1
holding ALEC Common Stock 12.4M Jun 16, 2022 See footnote F2
holding ALEC Common Stock 13.1K Jun 16, 2022 See footnote F3

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 ALEC Stock Option (right to buy) Award $0 +18.9K $0.00 18.9K Jun 16, 2022 Common Stock 18.9K $8.07 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares are represented by restricted stock units, or RSUs, which vest on the earlier of (i) June 16, 2023 or (ii) the date of the Issuer's next annual meeting of stockholders.
F2 Includes 682,069 shares are held by Polaris Venture Partners Founders' Fund VI, L.P. ("PVPFF VI"), 8,968,544 shares are held by Polaris Venture Partners VI (AIV), L.P. ("PVP VI AIV"), 2,204,736 shares are held by Polaris Venture Partners VI (AIV-B), L.P. (f/k/a PVP VI (AIV) Feeder Corp. Holding Partnership, L.P., "PVP VI AIV-B" and 498,468 shares are held by Polaris Venture Partners VI, L.P. ("PVP VI")(collectively, the "Polaris Funds"). As a Managing Member of Polaris Venture Management Co. VI, L.L.C. ("PVM"). The reporting person may be deemed to share the power to vote and dispose of the shares held by the Polaris Funds. The reporting person disclaims beneficial ownership of the securities held by the Polaris Funds, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of his respective pecuniary interest therein.
F3 The shares are held by the McGuire Family Trust (the "Family Trust"). The reporting person is the donor of the Family Trust and may be deemed to have shared power to vote and dispose of the shares held by the Family Trust.
F4 The shares subject to the option vest in 12 equal monthly installments beginning on July 16, 2022, or if earlier, the date of the Issuer's next annual meeting of stockholders.