Patrick Machado - 04 May 2023 Form 4 Insider Report for ACELYRIN, Inc. (SLRN)

Role
Director
Signature
/s/ Mina Kim, Attorney-in-fact
Issuer symbol
SLRN
Transactions as of
04 May 2023
Net transactions value
$0
Form type
4
Filing time
04 May 2023, 20:16:49 UTC
Previous filing
17 Aug 2022
Next filing
11 May 2023
SEC
View on sec.gov

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 SLRN Director Stock Option (right to buy) Award $0 +23,243 $0.000000 23,243 04 May 2023 Class A Common 23,243 $18.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/36 of the shares subject to the option vest on June 4, 2023, and 1/36 of the shares subject to the option vest in equal monthly installments thereafter, subject to the Reporting Person's continued service.
F2 Each share of Class A Common Stock shall be reclassified into one share of Common Stock immediately prior to the completion of the Issuer's initial public offering of Common Stock.