Rami Elghandour - 07 Jan 2025 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
Issuer symbol
ACLX
Transactions as of
07 Jan 2025
Net transactions value
-$2,263,942
Form type
4
Filing time
10 Jan 2025, 21:34:32 UTC
Previous filing
10 Jan 2025
Next filing
11 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACLX Common Stock Options Exercise $0 +53,097 +43% $0.000000 177,809 03 Jan 2025 Direct F1
transaction ACLX Common Stock Sale $1,244,253 -16,474 -11% $75.53 131,112 07 Jan 2025 Direct F2, F3
transaction ACLX Common Stock Sale $1,019,689 -13,837 -11% $73.69 117,275 08 Jan 2025 Direct F2, F3

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 ACLX Restricted Stock Unit Options Exercise $0 -53,097 -50% $0.000000 53,098 03 Jan 2025 Common Stock 53,097 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. Vesting of these RSUs previously reported in the Form 4 filed January 6, 2025.
F2 Represents a broker-assisted sale to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of restricted stock units.
F3 The price reported reflects the weighted average sales price. These shares were sold in multiple transactions at prices that were not available from the broker at the time of filing. The Reporting Person undertakes to provide to the SEC staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
F4 Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2022 Equity Incentive Plan) through each applicable vesting date, one-third (1/3rd) of the RSUs subject to the award will vest each year following the RSU Grant Date on the same day of the month as the RSU Grant Date (or, if there is no corresponding day in a particular month, then the last day of the month) over three (3) years. "RSU Grant Date" shall mean January 3, 2023.

Remarks:

President, CEO and Chairman of the Board