Ginna Laport - Nov 9, 2023 Form 3 Insider Report for CARGO Therapeutics, Inc. (CRGX)

Role
Chief Medical Officer
Signature
/s/ Halley Gilbert, as attorney-in-fact for Ginna Laport
Stock symbol
CRGX
Transactions as of
Nov 9, 2023
Transactions value $
$0
Form type
3
Date filed
11/9/2023, 04:57 PM
Next filing
Mar 4, 2024

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
holding CRGX Stock Option (Right to Buy) Nov 9, 2023 Common Stock 192K $9.50 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares subject to the option vest on the first anniversary measured from October 11, 2023 (the "Vesting Commencement Date"), and 1/48th of the total number of shares vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date.
F2 Reflects a 1-for-13.5685 reverse stock split of the Issuer's outstanding securities effected prior to the effectiveness of the Issuer's S-1 Registration Statement on November 3, 2023.

Remarks:

Exhibit 24.1 - Power of Attorney