Jill Carroll - May 11, 2023 Form 4 Insider Report for Arcellx, Inc. (ACLX)

Role
Director
Signature
/s/ Sasha Keough, attorney-in-fact for Jill Carroll
Stock symbol
ACLX
Transactions as of
May 11, 2023
Transactions value $
-$28,736,223
Form type
4
Date filed
5/15/2023, 06:18 PM
Previous filing
Feb 9, 2022
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACLX Common Stock Sale -$28.4M -632K -18.23% $45.00 2.83M May 11, 2023 See Note 2 F1, F2
transaction ACLX Common Stock Sale -$299K -6.49K -0.23% $46.15 2.83M May 11, 2023 See Note 2 F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.745 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The securities are directly held by SR One Capital Fund I Aggregator, LP ("SR One Fund I Aggregator"). SR One Capital Partners I, LP ("SR One Partners I") serves as the general partner of SR One Fund I Aggregator and SR One Capital Management, LLC serves as the general partner of SR One Partners I. The Reporting Person is a partner of SR One Capital Management, LP, an entity affiliated with SR One Fund I Aggregator, and a limited partner of SR One Partners I. The Reporting Person disclaims beneficial ownership of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), except to the extent of her pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.00 to $46.56 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

With reference to Table I, the Reporting Person previously included an indirect beneficial ownership of securities directly held by SR One Co-invest II, LLC. As the Reporting Person has no reportable pecuniary interest in these securities, they have been omitted.