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

Role: Director
Signature: /s/ Halley Gilbert, as attorney-in-fact for David Lubner
Stock symbol: CRGX
Transactions as of: Nov 9, 2023
Transactions value $: $0
Form type: 3
Date filed: 11/9/2023, 05:07 PM
Previous filing: Jun 16, 2023
Next filing: Dec 27, 2023

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	27.6K	$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	1/48th of the shares subject to the option vest on each monthly anniversary measured from July 21, 2023 (the "Vesting Commencement Date"), 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