David Charles Lubner - 09 Nov 2023 Form 3 Insider Report for CARGO Therapeutics, Inc. (CRGX)

Role: Director
Signature: /s/ Halley Gilbert, as attorney-in-fact for David Lubner
Issuer symbol: CRGX
Transactions as of: 09 Nov 2023
Net transactions value: $0
Form type: 3
Filing time: 09 Nov 2023, 17:07:33 UTC
Previous filing: 16 Jun 2023
Next filing: 27 Dec 2023
SEC: View on sec.gov

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)							09 Nov 2023	Common Stock	27,637	$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