Rami Elghandour - Apr 1, 2024 Form 4 Insider Report for Arcellx, Inc. (ACLX)

Role
President, CEO and Chairman of the Board, Director
Signature
/s/ Michelle Gilson, as Attorney-in-Fact
Stock symbol
ACLX
Transactions as of
Apr 1, 2024
Transactions value $
-$1,548,887
Form type
4
Date filed
4/3/2024, 04:44 PM
Previous filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACLX Common Stock Sale -$995K -14.9K -16.16% $66.67 77.4K Apr 1, 2024 Direct F1, F2
transaction ACLX Common Stock Sale -$369K -5.46K -7.05% $67.58 72K Apr 1, 2024 Direct F1, F3
transaction ACLX Common Stock Sale -$185K -2.71K -3.77% $68.42 69.3K Apr 1, 2024 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale of shares reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on December 28, 2023.
F2 Represents the weighted average share price of an aggregate total of 14,919 shares sold in the price range of $66.16 to $67.1599 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Represents the weighted average share price of an aggregate total of 5,456 shares sold in the price range of $67.16 to $68.1599 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4 Represents the weighted average share price of an aggregate total of 2,711 shares sold in the price range of $68.17 to $69.1699 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Remarks:

President, CEO and Chairman of the Board