Jane Pritchett Henderson - 04 Jun 2024 Form 4 Insider Report for CARGO Therapeutics, Inc. (CRGX)

Role
Director
Signature
/s/ Halley Gilbert, as attorney-in-fact for Jane Henderson
Issuer symbol
CRGX
Transactions as of
04 Jun 2024
Net transactions value
$0
Form type
4
Filing time
06 Jun 2024, 16:26:50 UTC
Previous filing
06 Jun 2024
Next filing
11 Jun 2024
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
transaction CRGX Stock Option (Right to Buy) Award $0 +19,785 $0.000000 19,785 04 Jun 2024 Common Stock 19,785 $19.17 Direct F1
transaction CRGX Stock Option (Right to Buy) Award $0 +39,402 $0.000000 39,402 04 Jun 2024 Common Stock 39,402 $19.17 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 100% of the shares subject to the option shall vest on the earlier of (i) one year anniversary of June 4, 2024 (the "Vesting Commencement Date") or (ii) the next Annual Meeting following June 4, 2024, subject to the Reporting Person's continued service to the Issuer.
F2 1/36th of the shares subject to the option shall vest on each monthly anniversary measured from June 4, 2024 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the third anniversary of the Vesting Commencement Date.