Edward Miller - 19 Jan 2023 Form 4 Insider Report for Allovir, Inc. (KLRS)

Signature
/s/ Brett Hagen, as Attorney-in-Fact
Issuer symbol
KLRS
Transactions as of
19 Jan 2023
Net transactions value
-$13,101
Form type
4
Filing time
23 Jan 2023, 18:00:21 UTC
Previous filing
16 Nov 2022
Next filing
03 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALVR Common Stock Gift $0 -98,346 -39% $0.000000 151,031 02 Dec 2022 Direct F1
transaction ALVR Common Stock Gift $0 +98,346 +52% $0.000000 288,799 02 Dec 2022 See footnote F1, F2
transaction ALVR Common Stock Sale $10,318 -2,032 -1.3% $5.08 148,999 19 Jan 2023 Direct F3, F4
transaction ALVR Common Stock Sale $2,783 -541 -0.36% $5.14 148,458 20 Jan 2023 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 2, 2022, the Reporting Person transferred 98,346 shares to The Miller Family 2019 Irrevocable Dynasty Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F2 Shares held by The Miller Family 2019 Irrevocable Dynasty Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F3 Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. These sales were automatic and intended to qualify under Rule 10b5-1.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $4.94 to $5.19. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $5.05 to $5.22. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.