Rami Elghandour - Sep 28, 2022 Form 4 Insider Report for Arcellx, Inc. (ACLX)

Signature
/s/ Michelle Gilson, as Attorney-in-Fact
Stock symbol
ACLX
Transactions as of
Sep 28, 2022
Transactions value $
$0
Form type
4
Date filed
9/30/2022, 04:12 PM
Previous filing
Feb 3, 2022
Next filing
Jan 5, 2023

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 Stock Option (right to buy) Award $0 +120K $0.00 120K Sep 28, 2022 Common Stock 120K $19.97 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2022 Equity Incentive Plan) through each applicable vesting date, one forty-eighth (1/48th) of the shares subject to the option will vest each month following the Vesting Start Date on the same day of the month as the Vesting Start Date (or, if there is no corresponding day in a particular month, then the last day of the month) over four (4) years. "Vesting Start Date" shall mean January 1, 2023.

Remarks:

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