Robert Alexander - Jan 6, 2023 Form 4 Insider Report for Allakos Inc. (ALLK)

Signature
/s/ H. Baird Radford, III, by power of attorney
Stock symbol
ALLK
Transactions as of
Jan 6, 2023
Transactions value $
$0
Form type
4
Date filed
1/9/2023, 05:15 PM
Previous filing
Dec 5, 2022
Next filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALLK Common Stock Award $0 +302K +39.94% $0.00 1.06M Jan 6, 2023 Direct F1, F2, F3
holding ALLK Common Stock 320K Jan 6, 2023 See footnote F4

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 ALLK Stock Option (Right to buy) Award $0 +462K $0.00 462K Jan 6, 2023 Common Stock 462K $7.20 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Alexander was awarded 301,575 restricted stock units ("RSUs") pursuant to the Company's 2018 Equity Incentive Plan on January 6, 2023, of which, 25% will vest on March 1, 2024, and the remainder of the RSUs will vest in 12 equal installments on each three month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F2 Each RSU represents a contingent right to receive one share of Common Stock of the Issuer.
F3 Includes 7,905 shares received as a pro-rata in-kind distribution of Common Stock of the Issuer by Alta Partners Management VIII, LLC (APM VIII), without consideration, to the Reporting Person as a non-managing member of APM VIII.
F4 The shares are held by Mr. Alexander and Stacey Lee Alexander, as Trustees of the Alexander 2018 Irrevocable Descendants' Trust.
F5 The option was granted on January 6, 2023. The option vests as to one-fourth of the shares on January 6, 2024, and one forty-eighth of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.